Jun 29, 2017

Colombo land to be sold to India? Featured

Three acres of land belonging to the CWE at D.R. Wijewardena Mawatha, Colombo are to be handed over to J. Hotel Ltd. Chennai of India, reports say.

In addition to this land, which has three plots bearing no. 56, 70 and 126, a further three plots, also belonging to the CWE and with no. 40, 105 and 109, are to be sold to Crutin Group, Culcutta of India, according to reports.

Also, the CWE-owned building, no. 165, and no. 17 at Barnes Place are also to be sold to Indian companies, say CWE sources.

These are a few of the many plots of land at Colombo and its suburbs that are being planned to be bought by Indian companies.