Bandula Gunawardhana - මෝඩකමද? තක්කඩි කමද?
කොළඹින් අක්කර 8ක් විකුණනවා
January 29, 2017 06:18 pm
කොම්පඤ්ඤවීදිය ප්රදේශයේ පිහිටි පෞද්ගලික ඉඩමක් බදු සහන යටතේ විදේශීය සමාගමකට අලෙවි කිරීමට රජය සැලසුම් කරමින් සිටින බව ඒකාබද්ධ විපක්ෂය චෝදනා කරයි.
කොම්පඤ්ඤවීදියේ අක්කර 8ක භූමියක් විදෙස් සමාගමකට විකිණීමට වත්මන් රජය කටයුතු කරමින් සිටින බව පාර්ලිමෙන්තු මන්ත්රී බන්දුල ගුණවර්ධන මහතා පවසයි.
ඒ මහතා මේ බව කියා සිටියේ අද (29) කොළඹ පැවති මාධ්ය හමුවකට සහභාගී වෙමිනි.
ඒකාබද්ධ විපක්ෂය පවසන්නේ රජය මේ වන විට පෞද්ගලික දේපල ද විදෙස් සමාගම් වෙත අලෙවි කිරීමේ නිරතව සිටින බවයි.
- http://sinhala.adaderana.lk/news/68814/-කොළඹින්-අක්කර-8ක්-විකුණනවා
ඕක මහින්දගේ කාලේ Indian TATA එකට විකුණලා project එක පටන් ගෙන දැන් construction යනවා. 8acres land එක 99year වලට Indian TATA එකට නිකන් දීල තියෙන්නේ ඔය ඉඩම ගන්න ඔතන ජීවත් උන පන්නපු මිනිස්සුන්ට ගෙවල් හදල දෙනවා කියපු නිසා. ඔය කියන ඔක්කොම කලින් දීල තිබ්බේ මහින්දගේ කාලේ.
මෙන්න ඒකාලේ ගිය news:
Tata’s unusual deal with UDA; free 8-acre land with trade-offs
2014.05.18
By Bandula Sirimanna
Colombo township project takes off
In an unconventional deal, India’s Tata Housing, the real estate arm of the Tata Group and a wholly-owned subsidiary of Tata Sons this week launched a US$ 400 million mixed development project in Slave Island Colombo,
The project is in collaboration with the Urban Development Authority (UDA) as a major township rejuvenation initiative, at the same time resettling shanty dwellers in the area in improved housing units.
The unusual deal is made of an agreement between the UDA and Tata Housing to hand over an 8-acre block of land to the former on a 99-year lease “free of charge” bordering the former Education Department site to the North, Malay Street to the East, Justice Akbar Street to the South and the railway line to the West, officials said. Developments of this nature in the past have normally been on a lease rental basis.
Tata Housing secured the deal without any evaluation because of their high credentials although three more companies had submitted their bids, UDA chairman Nimal Perera said at the ceremonial inauguration of the project.
The Indian company will get the land with no lease payment and in exchange has agreed to bear the full cost of building a fully-fledged housing complex on a 3-acre block of land (in the same property) for displaced residents, he told the Business Times separately.
The land value in the area ranges from Rs. 7 million to Rs. 9 million per perch with the average value being around Rs. 8 million, an official of the Valuation Department who wished to remain anonymous, told the Business Times.
Accordingly the total value of 8 acres is in the region of Rs. 10.3 billion and the minimum value of the 99-year land lease would be around Rs. 5 billion, he added. According to the agreement, the housing complex will house 582 families and 100 shop owners who were displaced by the project. This first stage of the innovative project is to be completed within two years.
The total cost for providing alternate housing/commercial units including rental payments for temporary accommodation of the families is estimated to be about Rs. 5,874 million, a senior official said, adding that the cost of building the housing complex for residents has not been estimated as yet.
The total cost of building the housing complex and for providing the house rental of displaced residents for 30 months in other locations till the completion of the housing complex will be borne by the Indian company, Mr. Perera disclosed.
However both Mr. Perera and TATA Housing chief Brotin Banerjee declined to divulge the total cost as the project is still at the initial stage.
All residents who had lost land and houses will get equal or bigger housing in the new housing complex, Mr. Perera said.
- http://www.sundaytimes.lk/140518/bu...a-free-8-acre-land-with-trade-offs-99239.html
Tata company undertakes mixed development project in Colombo 2
Generous tax concessions granted; FDI of US$ 130 m. of total cost of US$ 430m.
2014.11.09
India’s Tata Housing Development Company has become the latest international firm to be given generous tax concessions for a mixed development project it is building at Slave Island, Colombo 2. This includes a ten-year corporate income tax waiver on the profits of the project, other than from the sale of apartments. The exemption for income generated through the sale of apartments is six years. A second gazette in this regard was issued on November 3, following the granting of Cabinet approval for the concessions. It was signed by Investment Promotion Minister Lakshman Yapa Abeywardena. The first gazette was issued in July, under the provisions of the Strategic Development Projects Act.
TATA has incorporated a local company in Sri Lanka named M/s. One-Colombo Project (Private) Limited. It will redevelop an eight acre plot of land in Slave Island. It will build apartments for low-income families on part of the property.
The project, which is an initiative of the Urban Development Authority (UDA), will cost US$429.5 million. US$130 million of this is foreign direct investment. In addition to the corporate income tax concession, dividends distributed to shareholders out of the exempted profit will be exempted from income tax for ten or six years, as the case may be, and one year thereafter.
Waivers of Withholding tax are also afforded in specified cases. The expatriate staff of the project company will be exempt from the pay as you earn (PAYE) tax, subject to restrictions. Several other concessions have been offered, in keeping with the Act.
The Slave Island project was floated by the UDA, partly as a means of resettling thousands of low income families who had been evicted from the area to free up prime property in Colombo. They have been promised better housing. The project will also include residential and commercial buildings, including luxury apartments.
Last month, the UDA issued a statement saying that construction has started on 15,000 housing units for low-income families in different parts of Colombo. The block in Slave Island has been identified as a “priority project” requiring private sector investment, it said.
The gazette that was issued in July said the redevelopment of the said area “will bring significant change in the landscape of Colombo city through higher standard of living associated with better quality of life to the habitants”. It also said the establishment of the mixed development project will contribute to the economic development of the country.
- http://www.sundaytimes.lk/141109/ne...-development-project-in-colombo-2-126726.html
Flashback: Tata officials explain the One Colombo project to the then Defence and Urban Development Secretary Gotabaya Rajapaksa at the ground breaking ceremony held in May last year(2014).
- http://www.ft.lk/2015/03/02/tata-officials-explain-the-one-colombo-project/s-1953/
Housing project already under construction:
Mixed development project:
New government temporary stopped the project to review it:
Cabinet Decision taken on 2015-02-25
Proposed Re-development and Mixed use Development Project at Slave Island, Colombo 02 - One Colombo (Pvt.) Ltd
- The proposal made by Hon. Kabeer Hasheem, Minister of Highways, Higher Education and Investment Promotion, to review the entire project status of the above project launched to provide a more conducive living standard to the residents living there, with the implementation of a re-development and mixed use development project in a 8 acre land situated at Slave Island, Colombo 02, and to re-commence the process from the beginning in terms of the provisions of the Strategic Development Act, was approved by the Cabinet.
- http://www.cabinetoffice.gov.lk/cab...view=article&id=16&Itemid=49&lang=en&dID=5962
TATA opposes new government's move:
Tata Housing refutes Sri Lankan govt's plans to review its project in Colombo
March 13, 2015
The company had partnered with UDA, Sri Lanka to redevelop eight acres of land in Slave Island
Tata Housing has termed the Sri Lankan government’s plans to review its property project in Colombo ‘arbitrary’. Media reports say, the government would review the $400-million housing project by Tata Group.
Reacting to the proposed move by Sri Lanka, Tata Housing said: “Such actions by the government discredit the authorities in Sri Lanka that have been engaging with Tata Housing over the past three-and-a-half years and have granted multiple approvals for the projects based on merit.”
- http://www.business-standard.com/ar...iewits-project-in-colombo-115031200814_1.html
Port City එක ගැන කියන්න ගිහින් ඇන ගත්ත හැටි
කොළඹින් අක්කර 8ක් විකුණනවා
January 29, 2017 06:18 pm
කොම්පඤ්ඤවීදිය ප්රදේශයේ පිහිටි පෞද්ගලික ඉඩමක් බදු සහන යටතේ විදේශීය සමාගමකට අලෙවි කිරීමට රජය සැලසුම් කරමින් සිටින බව ඒකාබද්ධ විපක්ෂය චෝදනා කරයි.
කොම්පඤ්ඤවීදියේ අක්කර 8ක භූමියක් විදෙස් සමාගමකට විකිණීමට වත්මන් රජය කටයුතු කරමින් සිටින බව පාර්ලිමෙන්තු මන්ත්රී බන්දුල ගුණවර්ධන මහතා පවසයි.
ඒ මහතා මේ බව කියා සිටියේ අද (29) කොළඹ පැවති මාධ්ය හමුවකට සහභාගී වෙමිනි.
ඒකාබද්ධ විපක්ෂය පවසන්නේ රජය මේ වන විට පෞද්ගලික දේපල ද විදෙස් සමාගම් වෙත අලෙවි කිරීමේ නිරතව සිටින බවයි.
- http://sinhala.adaderana.lk/news/68814/-කොළඹින්-අක්කර-8ක්-විකුණනවා
ඕක මහින්දගේ කාලේ Indian TATA එකට විකුණලා project එක පටන් ගෙන දැන් construction යනවා. 8acres land එක 99year වලට Indian TATA එකට නිකන් දීල තියෙන්නේ ඔය ඉඩම ගන්න ඔතන ජීවත් උන පන්නපු මිනිස්සුන්ට ගෙවල් හදල දෙනවා කියපු නිසා. ඔය කියන ඔක්කොම කලින් දීල තිබ්බේ මහින්දගේ කාලේ.
මෙන්න ඒකාලේ ගිය news:
Tata’s unusual deal with UDA; free 8-acre land with trade-offs
2014.05.18
By Bandula Sirimanna
Colombo township project takes off
In an unconventional deal, India’s Tata Housing, the real estate arm of the Tata Group and a wholly-owned subsidiary of Tata Sons this week launched a US$ 400 million mixed development project in Slave Island Colombo,
The project is in collaboration with the Urban Development Authority (UDA) as a major township rejuvenation initiative, at the same time resettling shanty dwellers in the area in improved housing units.
The unusual deal is made of an agreement between the UDA and Tata Housing to hand over an 8-acre block of land to the former on a 99-year lease “free of charge” bordering the former Education Department site to the North, Malay Street to the East, Justice Akbar Street to the South and the railway line to the West, officials said. Developments of this nature in the past have normally been on a lease rental basis.
Tata Housing secured the deal without any evaluation because of their high credentials although three more companies had submitted their bids, UDA chairman Nimal Perera said at the ceremonial inauguration of the project.
The Indian company will get the land with no lease payment and in exchange has agreed to bear the full cost of building a fully-fledged housing complex on a 3-acre block of land (in the same property) for displaced residents, he told the Business Times separately.
The land value in the area ranges from Rs. 7 million to Rs. 9 million per perch with the average value being around Rs. 8 million, an official of the Valuation Department who wished to remain anonymous, told the Business Times.
Accordingly the total value of 8 acres is in the region of Rs. 10.3 billion and the minimum value of the 99-year land lease would be around Rs. 5 billion, he added. According to the agreement, the housing complex will house 582 families and 100 shop owners who were displaced by the project. This first stage of the innovative project is to be completed within two years.
The total cost for providing alternate housing/commercial units including rental payments for temporary accommodation of the families is estimated to be about Rs. 5,874 million, a senior official said, adding that the cost of building the housing complex for residents has not been estimated as yet.
The total cost of building the housing complex and for providing the house rental of displaced residents for 30 months in other locations till the completion of the housing complex will be borne by the Indian company, Mr. Perera disclosed.
However both Mr. Perera and TATA Housing chief Brotin Banerjee declined to divulge the total cost as the project is still at the initial stage.
All residents who had lost land and houses will get equal or bigger housing in the new housing complex, Mr. Perera said.
- http://www.sundaytimes.lk/140518/bu...a-free-8-acre-land-with-trade-offs-99239.html
Tata company undertakes mixed development project in Colombo 2
Generous tax concessions granted; FDI of US$ 130 m. of total cost of US$ 430m.
2014.11.09
India’s Tata Housing Development Company has become the latest international firm to be given generous tax concessions for a mixed development project it is building at Slave Island, Colombo 2. This includes a ten-year corporate income tax waiver on the profits of the project, other than from the sale of apartments. The exemption for income generated through the sale of apartments is six years. A second gazette in this regard was issued on November 3, following the granting of Cabinet approval for the concessions. It was signed by Investment Promotion Minister Lakshman Yapa Abeywardena. The first gazette was issued in July, under the provisions of the Strategic Development Projects Act.
TATA has incorporated a local company in Sri Lanka named M/s. One-Colombo Project (Private) Limited. It will redevelop an eight acre plot of land in Slave Island. It will build apartments for low-income families on part of the property.
The project, which is an initiative of the Urban Development Authority (UDA), will cost US$429.5 million. US$130 million of this is foreign direct investment. In addition to the corporate income tax concession, dividends distributed to shareholders out of the exempted profit will be exempted from income tax for ten or six years, as the case may be, and one year thereafter.
Waivers of Withholding tax are also afforded in specified cases. The expatriate staff of the project company will be exempt from the pay as you earn (PAYE) tax, subject to restrictions. Several other concessions have been offered, in keeping with the Act.
The Slave Island project was floated by the UDA, partly as a means of resettling thousands of low income families who had been evicted from the area to free up prime property in Colombo. They have been promised better housing. The project will also include residential and commercial buildings, including luxury apartments.
Last month, the UDA issued a statement saying that construction has started on 15,000 housing units for low-income families in different parts of Colombo. The block in Slave Island has been identified as a “priority project” requiring private sector investment, it said.
The gazette that was issued in July said the redevelopment of the said area “will bring significant change in the landscape of Colombo city through higher standard of living associated with better quality of life to the habitants”. It also said the establishment of the mixed development project will contribute to the economic development of the country.
- http://www.sundaytimes.lk/141109/ne...-development-project-in-colombo-2-126726.html
Flashback: Tata officials explain the One Colombo project to the then Defence and Urban Development Secretary Gotabaya Rajapaksa at the ground breaking ceremony held in May last year(2014).
- http://www.ft.lk/2015/03/02/tata-officials-explain-the-one-colombo-project/s-1953/
Housing project already under construction:
Mixed development project:
New government temporary stopped the project to review it:
Cabinet Decision taken on 2015-02-25
Proposed Re-development and Mixed use Development Project at Slave Island, Colombo 02 - One Colombo (Pvt.) Ltd
- The proposal made by Hon. Kabeer Hasheem, Minister of Highways, Higher Education and Investment Promotion, to review the entire project status of the above project launched to provide a more conducive living standard to the residents living there, with the implementation of a re-development and mixed use development project in a 8 acre land situated at Slave Island, Colombo 02, and to re-commence the process from the beginning in terms of the provisions of the Strategic Development Act, was approved by the Cabinet.
- http://www.cabinetoffice.gov.lk/cab...view=article&id=16&Itemid=49&lang=en&dID=5962
TATA opposes new government's move:
Tata Housing refutes Sri Lankan govt's plans to review its project in Colombo
March 13, 2015
The company had partnered with UDA, Sri Lanka to redevelop eight acres of land in Slave Island
Tata Housing has termed the Sri Lankan government’s plans to review its property project in Colombo ‘arbitrary’. Media reports say, the government would review the $400-million housing project by Tata Group.
Reacting to the proposed move by Sri Lanka, Tata Housing said: “Such actions by the government discredit the authorities in Sri Lanka that have been engaging with Tata Housing over the past three-and-a-half years and have granted multiple approvals for the projects based on merit.”
- http://www.business-standard.com/ar...iewits-project-in-colombo-115031200814_1.html
Port City එක ගැන කියන්න ගිහින් ඇන ගත්ත හැටි
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දැන් මොකක්ද අලුත්ම ප්ලෑන් ඵක?
