ODILIYA GROUP

AN ICON REIMAGINED

For more than a decade, Odiliya has built a reputation as one of Sri Lanka’s most trusted real estate developers, delivering quality homes, apartments, residential communities and investment opportunities that create lasting value.

Today, the company is taking a bold step beyond conventional real estate with ICON – a pioneering hospitality investment brand that combines luxury living, wellness and wealth creation.

Founded in 2012, Odiliya has steadily evolved from a land, housing and apartment developer into a diversified real estate group with an impressive portfolio across Colombo, Negombo, Wattala and other key locations.

Its commitment to quality, innovation and customer confidence has earned extensive sector recognition including for Odiliya Residencies as the Most Resilient Company in the Real Estate Sector at the International Business Icon Awards in 2023 and for Odiliya Homes as the Housing Developer of the Year – Sri Lanka at the Real Estate Asia Awards in 2026.

With ICON, Odiliya is once again setting itself apart. The company is the first real estate developer in Sri Lanka to introduce a hospitality investment model that enables individuals to own luxury hotel properties while benefiting from professional hotel management and recurring tourism income. This concept transforms traditional property ownership into a fully managed investment, creating opportunities previously unavailable in the local market.

Strengthening its market presence, Odiliya has appointed legendary Sri Lankan cricketer Lasith Malinga as brand ambassador for Odiliya Group. As one of Sri Lanka’s most celebrated sporting icons, Malinga represents the excellence, trust and global appeal that define the brand’s vision.

The ICON portfolio features luxury wellness hotels, serviced residences and investment villas in premier locations including Mirissa, Galle and the ICON V Talpe luxury apartment and hotel project with further expansion planned across the island. Every property has been designed to deliver exceptional guest experiences while generating long-term value for investors.

“With ICON, we are creating far more than a collection of luxury developments. We’re introducing an entirely new investment concept to Sri Lanka – one that allows investors to own premium hospitality assets while enjoying professional hotel management and the long-term growth of tourism. It has never been done before and represents an investment in lifestyle, wellness and enduring wealth,” states Managing Director Rohitha Abeygunarathne.

Unlike conventional property investments, every ICON development is fully managed by Odiliya’s hospitality team, which oversees guest bookings, marketing, operations, maintenance and customer service. Investors enjoy effortless ownership while retaining a tangible real estate asset that continues to appreciate over time.

Through its integrated hospitality model and professional management, Odiliya is committed to investors recouping their initial investment within a maximum of five years, after which they continue to own a premium property capable of generating recurring income and capital appreciation.

According to Assistant General Manager – Sales and Marketing Dilshan Algama, the ICON concept responds to the growing demand for wellness tourism. Every ICON destination has been designed to integrate luxury accommodation with wellness focussed experiences, promoting relaxation, health and wellbeing while showcasing Sri Lanka’s natural beauty to international travellers.

“ICON offers a compelling proposition built on transparency, quality and lasting value. Investors are not only purchasing a luxury asset; they are becoming part of a professionally managed hospitality brand designed to deliver sustainable long-term returns,” he says.

Supported by Odiliya’s proven track record of delivering more than 1,000 residential units and over 6,000 land sales, ICON represents the company’s next stage of evolution. By introducing this hospitality led investment model to Sri Lanka, Odiliya is helping define the future of real estate investment, creating destinations where luxury meets lifestyle and wellness creates wealth.

– Compiled by Suresh Ginige

COMPANY DETAILS

• Telephone: 2949700
• Email: info@odiliyaresidencies.lk
• Website: www.odiliyahomes.lk