HOME LANDS
THE MARKET
Home Lands is Sri Lanka’s most trusted real estate developer, recognised for its visionary residential developments and dominant market presence. With a strong focus on lifestyle led mega residential projects, the group continues to redefine modern living while setting new benchmarks in quality, design and execution. It stands as the market leader in Sri Lanka’s real estate sector – a position validated by independent research and multiple accolades.
A key driver of Home Lands’ market leadership is its fully integrated business model, operating as a conglomerate of 14 companies that span the entire real estate value chain.
Unlike many developers who rely heavily on outsourcing, Home Lands maintains complete control over land acquisitions, planning, construction, interiors, property management and post-handover services. This in turn ensures consistency, accountability and superior quality at every stage.
Strengthening this advantage is the group’s construction arm Heyraa Construction, which holds the highest CS2 grading awarded by the Construction Industry Development Authority (CIDA) of Sri Lanka – an accreditation reserved for a select few companies nationally. This vertical integration enables Home Lands to offer both developer and contractor assurance, providing customers with enhanced confidence and long-term value security.
With a growing global presence – with offices in Australia, Dubai and soon, in London – Home Lands continues to expand its reach while serving both local and international investors.
Reinforcing its leadership status, the 2025 RIU Brand Health Survey once again recognised Home Lands as the undisputed market leader in Sri Lanka’s real estate sector.
ACHIEVEMENTS
Home Lands’ leadership has been consistently recognised through prestigious local and international accolades. The group counts multiple wins at the PropertyGuru Asia Property Awards, including Best Developer – Sri Lanka in 2021, 2024 and 2025, making Home Lands the only Sri Lankan developer to secure this title for three consecutive years.
In a historic milestone, the group also became the first Sri Lankan developer to win the Best Lifestyle Developer – Asia 2025 Award at the PropertyGuru Asia Property Awards Grand Finale, highlighting its visionary approach to lifestyle led development and positioning Sri Lankan real estate prominently on the regional stage.
According to the 2025 RIU Brand Health Survey, Home Lands was named Overall Real Estate Winner, reaffirming its position as the market leader in Sri Lanka’s real estate sector.
Today, Home Lands continues to be recognised not only for scale and delivery, but also its role as a catalyst of lifestyle led development, shaping communities, elevating industry standards and redefining modern living in Sri Lanka.
HISTORY
Home Lands was founded in 2003 by Chairman and Managing Director Nalin Herath with a vision to transform residential living in Sri Lanka. The company began as a family led venture focussed on land development, addressing a gap in the market where building a home was cumbersome. By acquiring large parcels of land, developing them with utilities and approvals, and offering ready to build plots, Home Lands simplified home ownership for its customers.
As the company grew, it shifted its focus from basic housing solutions to condominium development and then to lifestyle led residential projects, introducing a completely new way of living in Sri Lanka.
Home Lands pioneered the resort style living concept, transforming apartments into vibrant communities equipped with leisure, wellness and social amenities, swimming pools, gyms, spas, sports facilities and curated communal spaces. This approach not only redefined buyer expectations but also set new benchmarks for the sector.
A defining milestone in Home Lands’ journey was the launch of Canterbury Golf Resort Apartments, spanning 55 acres and recognised as Sri Lanka’s first Victorian style golf resort apartments. As the largest residential development in the country, Canterbury functions as a self-contained residential city featuring villas, condominium towers, leisure zones, retail conveniences and South Asia’s first day-and-night golf course.
The project exemplifies Home Lands’ ability to combine scale, design excellence and lifestyle innovation, establishing a benchmark that became a blueprint for the group’s subsequent developments.
Over the years, Home Lands has continually evolved, transforming itself from a plot developer into a lifestyle led real estate powerhouse. Its journey is marked by vision, innovation and a commitment to creating communities rather than only buildings.
Today, Home Lands stands as a pioneer and market leader, shaping modern living in Sri Lanka and setting the standard for what residential developments can achieve.
THE PRODUCT
Home Lands is renowned for its mega scale lifestyle led residential developments, each designed to offer more than just a home but an elevated way of living. Every project integrates leisure, wellness and community, blending modern design with functional elegance to meet the evolving expectations of Sri Lanka’s homeowners.
To date, the group has completed and handed over 3,400 units with more than 2,300 units currently under construction, reflecting its scale, delivery capability and market leadership.
Flagship projects highlight the group’s diverse approach to lifestyle led development.
Oceana Villas & Apartments in Wadduwa introduced Sri Lanka’s first beach resort apartments and villas, while Greendale Retirement Leisure Village pioneered a retirement lifestyle focussed community for residents over 55.
Cressida and Fedora Resort Apartments in Athurugiriya cater to families, offering thoughtfully curated communal spaces. And Bayfonte Marina in Negombo is Sri Lanka’s first tourist resort style residential complex while Waterdale Residencies bordering Colombo 7 elevates urban luxury living.
In the heart of Colombo, Pentara Residencies Thummulla Handiya and The Address in Colombo marks a milestone, standing as the city’s most iconic twin-tower development.
Each project exemplifies Home Lands’ commitment to design excellence, lifestyle innovation and investment value, creating communities that seamlessly blend modern living, leisure and long-term returns. Across all developments, the group continues to set new benchmarks in quality, lifestyle experiences and property investment in Sri Lanka.
RECENT DEVELOPMENTS
Home Lands is advancing eight major futuristic residential projects, reflecting strong demand, and accelerated sales driven by brand trust and market confidence. Many properties sell rapidly with several nearing sell out shortly after their launch, underscoring the group’s reputation for quality, reliability and lifestyle innovation.
The company has delivered over 3,400 units with more than 2,300 units currently under construction with construction ongoing in parallel across all active projects, demonstrating the group’s unmatched delivery capability.
In Colombo, Pentara Residencies represents a landmark development, marking the city’s largest ever land acquisition – it is valued at Rs. 4.5 billion and sets a new benchmark for premium urban residential development with 75 percent of units sold within five months.
The group has also introduced Canterbury Hotels, offering homeowners the option to hand over their units to Canterbury Hotel management, which operates them as hotel stays with bed-and-breakfast, half board or full board services. This model provides enhanced hospitality services and value addition, enabling investor buyers to generate rental income while benefiting from professional management.
Across city centre, beachfront, lagoon front and retirement focussed projects, Home Lands continues to diversify its offerings while maintaining lifestyle led innovation. Robust 360 degree facility management services ensure homeowners enjoy seamless experiences while unlocking long-term investment value.
PROMOTION
Home Lands approaches promotion with a ‘trust first’ philosophy, prioritising credibility, delivery confidence and long-term brand equity over aggressive advertising. With a proven track record spanning over two decades, the brand enjoys strong organic demand, where projects often achieve rapid sales through word-of-mouth, referrals and investor confidence rather than heavy promotional pressure.
A shining example is Pentara Residencies, which launched in June and achieved 75 percent sales in a mere five months, driven largely by brand trust and investor confidence. Promotional efforts focus on meaningful brand storytelling and lifestyle positioning, reinforcing reliability and long-term assurance rather than short-term price driven campaigns.
By aligning visibility with performance and customer experience, Home Lands sustains strong market demand, attracts repeat buyers and investors, and strengthens its position as Sri Lanka’s most trusted real estate developer.
BRAND VALUES
Home Lands is built on the core values of trust, innovation and excellence, guiding every aspect of its operations. At Home Lands, trust is paramount. The company has earned this through consistent delivery – i.e. by doing what it says and saying what it does.
This reliability is reflected in strong partnerships, including Sri Lanka’s top six banks offering up to 100 percent funding for Home Lands properties – a privilege reserved for developers with proven credibility.
Handing over units with the deed reinforces transparency and buyer confidence. And innovation drives Home Lands’ journey with each milestone marked by themed residential developments that introduce new lifestyle concepts and elevate modern living in Sri Lanka.
Excellence is the reward when trust meets innovation. This is reflected in the group’s accolades from being recognised as Best Developer in Sri Lanka to making history as the first Sri Lankan developer to win Best Lifestyle Developer – Asia at the PropertyGuru Asia Property Awards, cementing its position as a market and regional leader.
Together, trust, innovation and excellence define Home Lands’ identity, shaping its culture, guiding decisions, and driving its long-term vision of delivering reliable, innovative and award-winning communities across Sri Lanka and beyond.
