The Tower Building at Bambalapitiya, a brainchild of the late president His Excellency Ranasinghe Premadasa was subsequently registered as a private company under the Companies Act No. 17 of 1982 (Registration No. PV 17667)
pursuant to cabinet decision dated 17.02.1994 in response to Cabinet Paper No. 94/340/006. Later, the company was reregistered under the Companies Act No. 7 of 2007. The shares of the company are jointly owned by the National Housing Development Authority and Urban Development Authority.
To be the flagship property developer in Sri Lanka affiliated to the government in the property development market of Sri Lanka
To be of assistance to the local property development market by providing fully equipped individual housing units as well as condominium housing property at competitive price level based on purchaser requirements
Ocean View Development Privet Limited (OVDC)
Social Chanel –