The Hon. Anura Karunathilaka
Anura Karunathilaka stated that deeds have been issued for 1,678 housing units across 24 projects and that remaining deeds will be granted after compliance certificates, notarial deeds, and settlement of outstanding water, assessment, and monthly charges. He noted that beneficiaries may be required to pay up to Rs. 350,000, but the Government is preparing a mechanism for residents facing hardship and is considering further reductions to expedite the issuance of deeds.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 The aggregate for these 24 projects can be provided.
¶ 02 (ii) Number of units with deeds: 1,678. See Annex 01. (iii) Yes. (iv) Following receipt of compliance certificates from the Condominium Management Authority and preparation of notarial deeds, deeds will be issued. Beneficiaries must settle outstanding water bills, assessment rates and monthly charges, with a maximum payment of Rs. 350,000, after which deeds can be issued. The timelines are indicated in the Annex.
¶ 03 Upon completion of those processes, deeds will be granted. However, considering the socio-economic conditions of residents, some face hardship in paying Rs. 350,000. We are preparing a programme this year to provide a mechanism for such beneficiaries. In some instances the Rs. 350,000 is lower than the market value; for example, a Mihindusenpura unit is valued at about Rs. 3.6 million, but in consultation with the Attorney General’s Department the payable amount has been reduced to Rs. 350,000. We are exploring further reductions and measures this year to issue deeds expeditiously.
¶ 04 (b) Not applicable.
Provenance
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- Hansard, Wednesday, 5 February 2025 ·No. 1739175806099814 ·English daily/uncorrected Hansard
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Cite as: The Hon. Anura Karunathilaka. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 February 2025. No. 1739175806099814. Politick, https://staging.politick.io/lk/speeches/26785