Iconic Galaxy: the best time to invest in the home of your dreams

Leading infrastructure developer Iconic Developments announced that the unprecedented low
interest rates on home loans, combined with the wide array of banking partnerships available for
prospective homeowners of their apartment complex Iconic Galaxy, has contributed to building a
safe and favourable landscape for investment.
Having earned its most loyal homeowners a value of around 20 – 30 per cent on their initial
investment, Iconic Development’s construction of their newest luxury apartment complex is nearly
fully complete are internationally minded and locally inspired and designed to the ‘pulse’ and
‘texture’ of Rajagiriya, imbibing the culture and the aspirations of the people. 
“The COVID-19 pandemic and subsequent lockdown showed us the importance of building the ideal
home – one which is self-contained and self-sufficient for peace of mind during these stressful times,
but with the elegance and luxury to make day-to-day living a pleasure. The Iconic Galaxy truly fulfils
those aims, and we’re delighted that we can offer this level of comfort and convenience to our
prospective homeowners.
Through multiple financial partnerships with several banks, we have widened the scope of financing
options available for homeowners. Adding to this, interest rates on home loans have recently
plunged to single digits – customers should take advantage of these favourable conditions and take
the leap of investing in the home of their dreams,” commented Iconic Developments (Pvt.) Ltd.
Managing Director, Rohan Parikh.
The annual industry report published by the Research Intelligence Unit reaffirmed that the real
estate industry as a whole has shown remarkable tenacity and resilience, despite the challenges
posed by the pandemic. The eminent recommendation of the report was that the present time is
especially favourable for investment, given the low-interest rates in the market.
Enhancing the ease with which customers are able to invest in an apartment, Iconic Developments
has built strong financial partnerships with Sri Lanka’s premier financial institutions. Offering flexible
payment options and special home loans for apartment buyers, Iconic Galaxy is affiliated with top Sri
Lankan banks DFCC, HNB, NDB, Sampath Bank, Commercial Bank and Standard Chartered Bank.
The first to introduce a flood-proof construction and a rooftop landscape, the Iconic Galaxy will
deliver 285 super-luxury, two, three, four and five bed-roomed apartments amidst a plethora of
world-class amenities and services to complement the lifestyles of the buyers.
Located in the prime of Rajagiriya’s upscale locality, the apartment complex is accessible from two
roads and is perched on the trunk route of the Buthgamuwa Road. True to its name, Iconic Galaxy
provides a 7-level private club worthy of a 5-star hotel, private guest suites for overnight visitors and
on-site conveniences that include a supermarket, business centre, beauty salon and laundromat.

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