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Sri Lanka : Prime Minister instructs to devise a system for granting house ownerships with a minimum down payment

Mon, Dec 14, 2020, 11:48 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 14, Colombo: Prime Minister Mahinda Rajapaksa Monday instructed the Urban Development Authority to immediately commence the construction of 7500 houses for the people living in low-income settlements and middle class. The Prime Minister gave this instruction at a discussion held at Temple Trees today with the officials of the Urban Development Authority regarding its projects. Accordingly, the Urban Development Authority has agreed to commence the relevant housing project before the end of this month. Of the 7,500 new homes, 4,000 will be built to resettle people living in low-income settlements, and the remaining 3,000 will be reserved for the middle class.

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