ETA Star, renowned as trusted property developers in the UAE along with Ascon Lanka have officially opened the Golden Enclave Ascon Residencies in Colombo on 20th July 2005. This project is the first of its kind in the Dematagoda area and will cater to the growing demand for middle-income housing.
Ceremonially opened by the Hon. Dinesh Gunawardena, Minister of Urban Development & Water Supply and Prasanna Gunawardena, Mayor of Colombo, the Golden Enclave Ascon Residencies is 13 storey high complex with 126 two and three bedroom apartments and 14 luxury penthouses.
“It is a great honor for me to grace the grand opening of the Golden Enclave Ascon Residencies. I consider it a jewel in the crown for Colombo City. The creative architectural and design effort that has gone into these projects ‘Golden Enclave Ascon Residencies’ in particular shows the tremendous professional talent and work ethic of its creator. The teamwork of Ascon Lanka is commendable,” said H.E. Prasanna Gunawardena, Mayor of Colombo.
Maintaining ETA-Ascon Lanka’s commitment to providing a high quality of life to its customers, Golden Enclave Ascon Residencies feature leisure facilities such as a swimming pool, gymnasium, children’s play area and a car park on the ground floor for 140 cars which have no equal in Colombo’s residential buildings.
“At ETA Star - Ascon Lanka, we strongly believe in catering to all members of the community. Golden Enclave Ascon Residencies is a luxuriously developed complex that has been constructed with the middle income group in mind. Providing leisure and fitness facilities, it affords occupants a unique lifestyle on a reasonable budget,” said Mr Abid A Junaid, Executive Director of ETA Star.
ETA Star - Ascon Lanka have applied their expertise to this project in order to provide their customers with complete satisfaction and draw attention to the emerging Dematagoda area that has easy access to all road networks leading to the Bandaranaike International Airport at Katunayake and Kandy, the hill capital of Sri Lanka. Further, the entire internal structure of the building is designed in such a manner as to allow enough cross ventilation and with emphasis on creating an eco-friendly environment in and around the complex and energy saving aspects.
With a total built-up area of 200,000 square feet, a shopping mall covering 15,000 sq.ft. and an atrium up to the 12th floor have also been built into the complex. This further adds to the attraction of the Golden Enclave Ascon Residencies as retailers and department stores have already signed up to be a part of this venture.
Commenting on the increase in building projects in the Dematagoda area, Hon. Dinesh Gunawardena, Minister of Urban Development & Water Supply said, “I appreciate the way Ascon has taken the challenge to develop a middle-income housing project. ‘Golden Enclave Ascon Residencies’ has been built in Dematagoda, an area where investors are generally wary of undertaking projects due to several hurdles they would have to cross. Hence it is an eye opener for other investors to realize that every piece of land in Colombo has development potential.”
Mr. M. Shahul Hameed, Executive Director, Ascon Lanka along with ETA Star stated that the company will be commencing work soon on two more new housing projects in Colombo; one at Colpetty, consisting of 20 floors and one at Milagiriya Avenue, Bambalapitiya, consisting of 6 floors, to meet the current increasing demand for quality urban housing units at affordable prices.
