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INFORMATION OF THE PROJECT
1.

A. Mulberry Residence.

2.

A. Steradian Capital Investments (Pvt) Ltd.

3.

A. SAW Engineering (Pvt) Ltd.

4.

A. Jayampathy Herath Associates.

5.

A. It is a residential apartment building, consisting of 14 Floors (G+13) including the roof top.

6.

A. 121 Apartments.

7.

A. No 144, Sri Vajiragana Mawatha, Colombo 09.

8.

A. 300 meters.

9.

A. The land extent is 106.25 P.

10.

A. By 2021.

11.

A. 2018.

12.

A. Piling stage is completed (5th November 2018)

INFORMATION OF FACILITIES
13.

A.

24-hour security service, CCTV (Common areas) monitoring, Covered parking slot for each apartment,
Elevator, Back-up generator, Garbage collection point, Reception foyer, visitor’s lounge, Common lobby,
Management Corporation meeting room, and Maintenance office. Multi-functional rooftop area which includes
02 separate, single sex swimming pools, landscaped walkways, 02 Gymnasiums, Children’s play area and a Timber
pool sundeck.

14.

A. To be decided once the Management Corporation is formed.

15.

A.

On general access control
– There will be a security point at the entrance gate.
– All vehicular access, pedestrian access gates and common areas will be monitored by CCTV.

16.

A.

Yes. Temperature controlled garbage room will be available. Residents are required to abide by Colombo Municipal Council regulations when placing garbage in the garbage collection point.

17.

A. A back-up generator is provided for emergency services.

18.

A. According to the availability.

INFORMATION OF UNIT DESIGNS
19.

A.

Type 01 Type 02 Type 03 Type 04
TOWER A 1,003 sqft 1,003 sqft 989 sqft 989 sqft
2 Bed Rooms 2 Bed Rooms 2 Bed Rooms 2 Bed Rooms
Type 01 Type 02 Type 03 Type 04
TOWER B 1,003 sqft 1,003 sqft 989 sqft 989 sqft
2 Bed Rooms 2 Bed Rooms 2 Bed Rooms 2 Bed Rooms
Type 01 Type 02 Type 03
TOWER C 1,614 sqft 1,009 sqft 1,002 sqft
2 Bed Rooms 2 Bed Rooms 2 Bed Rooms
20.

A. No.

21.

A. The general finished floor to ceiling height is 11 ft.

22.

A. Connects to the CMC central sewer line

CONTRACTS & PAYMENTS
23.

A. Rs. 500,000/- Non-refundable.

24.

A. OPTION 01

Reservation 500,000/- LKR Non-refundable
Paid on – ………………………………
1st Installment 30% of the purchase price
LKR – ………………….……
(Signing of S & P Agreement)
Upon completion of Piling work.
(Within 30 days from the Reservation payment)
On or before – …………………………
2nd Installment 15% of the purchase price
LKR – ………………….……
Upon completion of the 4th floor slab
On or before – …………………………
3rd Installment 15% of the purchase price
LKR – ………………….……
Upon completion of the 9th floor slab
On or before – …………………………
4th Installment 15% of the purchase price
LKR – ………………….……
Upon completion of masonry work and finishes up to 13th floor
On or before – …………………………
5th Installment 15% of the purchase price
LKR – ………………….……
Upon completion of masonry work and finishes up to 13th floor
On or before – …………………………
Balance 10% of the purchase price
(Minus reservation payment)
LKR – ………………….……
Upon final completion of the apartment. (Practical completion)
(Along with execution of the Transfer Deed & Handing over of the Apartment)
On or before – …………………………

OPTION 02

Reservation 500,000/- LKR Non-refundable
1st Installment 30% of the purchase price
(Signing of S & P Agreement)
Upon completion of Piling work.
(Within 30 days from the Reservation payment)
2nd – 36th Installment 55% of the purchase price In equal monthly installments (Up to Dec 2021)
Balance 15% of the purchase price
(Minus reservation payment)
Upon final completion of the apartment. (Practical completion)
(Along with execution of the Transfer Deed & Handing over of the Apartment)
25.

A. Subject to management approval.

26.

A. It will be on case by case basis; subject to management approval.

27.

A. Yes.

28.

A. Yes.

29.

A. No.

INFORMATION OF PROPERTY MANAGEMENT
30.

A. To be decided once the Management Corporation is formed.

31.

A.

The management expenses shall mean and include all costs expenses and outgoings necessarily and reasonably incurred in relation to the management and maintenance of the premises and those incurred whilst carrying out the duties including a certain amount to the sinking fund.

32.

A. The Management Corporation.

33.

A.

There is a defects liability period of 12 – months. All warranties provided by suppliers for all appliances and equipment would be handed over to the purchaser for the relevant apartment.

INFORMATION OF SALES & CONTACT
34.

A. Prices are in LKR

TOWER A Type 01 – 2BR
1,003 sqft
Type 02 – 2BR
1,003 sqft
Type 03 – 2BR
989 sqft
Type 04 – 2BR
989 sqft
3rd Floor 23,000,000 23,500,000 19,082,000 21,315,000
4th Floor 23,345,000 23,852,500 19,082,000 21,315,000
5th Floor 23,695,175 24,210,288 19,368,230 21,634,725
6th Floor 24,050,603 24,573,442 19,658,753 21,959,246
7th Floor 24,411,362 24,942,043 19,953,635 22,288,635
8th Floor 24,777,532 25,316,174 20,252,939 22,622,964
9th Floor 25,149,195 25,695,917 20,556,733 22,962,309
10th Floor 25,526,433 26,081,355 20,865,084 23,306,743
11th Floor 25,909,329 26,472,576 21,178,061 23,656,344
12th Floor 26,297,969 26,869,664 21,495,732 24,011,189
13th Floor 26,692,439 27,272,709 21,818,168 24,371,357
TOWER B Type 01 – 2BR
1,003 sqft
Type 02 – 2BR
1,003 sqft
Type 03 – 2BR
989 sqft
Type 04 – 2BR
989 sqft
3rd Floor 23,000,000 23,000,000 18,800,000 21,000,000
4th Floor 23,345,000 23,345,000 19,082,000 21,315,000
5th Floor 23,695,175 23,695,175 19,368,230 21,634,725
6th Floor 24,050,603 24,050,603 19,658,753 21,959,246
7th Floor 24,411,362 24,411,362 19,953,635 22,288,635
8th Floor 24,777,532 24,777,532 20,252,939 22,622,964
9th Floor 25,149,195 25,149,195 20,556,733 22,962,309
10th Floor 25,526,433 25,526,433 20,865,084 23,306,743
11th Floor 25,909,329 25,909,329 21,178,061 23,656,344
12th Floor 26,297,969 26,297,969 21,495,732 24,011,189
13th Floor 26,692,439 26,692,439 21,818,168 24,371,357
TOWER C Type 01 – 3BR
1,614 sqft
Type 02 – 2BR
1,009 sqft
Type 03 – 2BR
1,002 sqft
3rd Floor 33,000,000 24,000,000 21,000,000
4th Floor 33,495,000 24,360,000 21,315,000
5th Floor 33,997,425 24,725,400 21,634,725
6th Floor 34,507,386 25,096,281 21,959,246
7th Floor 35,024,997 25,472,725 22,288,635
8th Floor 35,550,372 25,854,816 22,622,964
9th Floor 36,083,628 26,242,638 22,962,309
10th Floor 36,624,882 26,636,278 23,306,743
11th Floor 37,174,255 27,035,822 23,656,344
12th Floor 37,731,869 27,441,359 24,011,189
13th Floor 38,297,847 27,852,980 24,371,357
35.

A.

The management expenses shall mean and include all costs expenses and outgoings necessarily and reasonably incurred in relation to the management and maintenance of the premises and those incurred whilst carrying out the duties including a certain amount to the sinking fund.

Direct payment for purchase

  • Stamp fees – shall be payable at the rates prevailing at the time of executing the Deed of Transfer.
  • Legal charges.
    Presently, stamp duty are as follows: – Stamp fees: 4% Less Rs. 1,000/-
  • Government taxes will be charged according to the law prevailing at the time of executing the Deed of Transfer.

Payment through a bank loan

  • Stamp fees – As above
  • Legal charge for the Mortgage Bond
  • Loan processing fee
  • Fire Insurance
  • Valuation expenses
36.

A.

Site office: No 144, Sri Vajiragana Mawatha, Colombo 09.
City Office: No. 16-03, Level 16, East Tower, World Trade Centre, Echelon Square, Colombo 01.

37.

A.

You may visit our website www.mulberryresidence.com
You could contact the Sales Manager on +94 778 888 122

FOREIGN BUYERS
38.

A.

As per the Apartment Ownership Law of Sri Lanka, foreigners are allowed to own apartments.

39.

A. Presently there are no restrictions on this

40.

A. Yes.

41.

A. Yes. According to the applicable laws.

42.

A. Yes.

GENERAL CONDITIONS
  • The development will be governed by the Apartment Ownership Law, No. 11 of 1973 as amended.
  • Pets are not allowed inside the complex.
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