D. L. & F. De Saram fields a knowledgeable team able to advise clients on a diverse range of real estate matters including lease agreements, foreign ownership regulations, sales, gifts and mortgages. The department provides expertise in due diligence examinations on real estate for corporate acquisition mandates. The practice, headed by Savantha De Saram, Prabash De Saram and Aruni Marcelline, is currently engaged in significant domestic mixed development projects alongside assisting an international client in relocating offices in Sri Lanka.
Real estate and construction in Sri Lanka
D. L. & F. De Saram
Practice head(s):
Savantha De Saram; Prabash De Saram; Aruni Marcelline
Testimonials
‘One of the most reputed firms in legal practice in Sri Lanka with specialisation in matters related to real estate.’
‘Very thorough in their work, and readily available for discussion of any issues and clarifications required as a client.’
‘We have been working with Aruni Marcelline for a long time now and she is very approachable and attentive to all our queries.’
Key clients
Sea Consortium Lanka (Private) Limited
United Tractor & Equipment (Private) Limited
Fourth Partner Holdings (Private) Limited
East India Holdings (Private) Limited
Alpha Homes (Private) Limited
GVR Lanka (Private) Limited
Elysian Mirissa (Private) Limited
Rentokil Initial Ceylon (Private) Limited
F P E Ruhunu Shakthi (Private) Limited
Fintech Labs (Private) Limited
GPV Property Solutions (Private) Limited
China Harbour Engineering Company Limited
Work highlights
- Advised Sea Consortium Lanka (Private) Limited on the purchase of apartment at ‘The Offices at Cinnamon Life’ with a floor area of 1,008 Square Meters and a value of USD 3.9 Mn by carrying out a due diligence on the title to the property and drafting the required legal documentation to complete the purchase.
- Advised United Tractor & Equipment (Private) Limited by carrying out a due diligence on the title to the property and drafting the required legal documentation to complete the purchase.
- Advised Fourth Partner Holdings (Private) Limited on the purchase of property for their solar power project by carrying out a due diligence on the title to the property and drafting the required legal documentation to complete the purchase.
F. J. & G. De Saram
F. J. & G. De Saram is home to a team with extensive knowledge in real estate matters such as property ownership, conveyancing and notarial practice, mortgages and security interests in property. The group assists its wide range of clients in drafting the full spectrum of lease agreements, sale and purchase agreements, deeds of transfer, deeds of partition, deeds of exchange, deeds of declaration and lease agreements. The team also advises regional and multinational clients on mortgage laws and is headed by Manjula Ellepola, who advises clients on investments in property alongside drafting security documents on the financing of significant infrastructure projects. At associate level Ruwani Dantanarayana is a name to note.
Practice head(s):
Manjula Ellepola
Other key lawyers:
Ruwani Dantanarayana
Testimonials
‘Very professional, courteous, helpful and in-depth industry knowledge.’
‘Very reliable and professional.’
Key clients
MAS Fabric Park (Private) Limited
Brandix Group
State Bank of India
Jetwing Hotels
Hayleys Group
Intrepid Group of Companies
Van Rees Ceylon Limited
Mr. JMS Brito
Nations Trust Bank PLC
Indian Overseas Bank
Work highlights
- Advised on the acquisition of a boutique hotel located at Bentota, Sri Lanka by the name “Saman Villas” where the department conducted a land due diligence for the purposes of the said acquisition.
Nithya Partners
The team at Nithya Partners is well equipped to advise domestic, international, individual and corporate clients on a diversity of real estate mandates, including property related to scientific development, as well as commercial, residential and agricultural development projects. Head of the department Seanika Pulle is frequently engaged in handling due diligence land related matters: alongside her strong involvement with government institutions, her expertise is coveted on the drafting of leases, licenses and mortgages alongside advising domestic transfers of lands, houses, condominiums and residential apartments. Oshini Siriwardhana supports the team in drafting and carrying out reports on titles as well as deeds of conveyancing.
Practice head(s):
Seanika Pulle
Other key lawyers:
Oshini Siriwardhana
Testimonials
‘I believe the most unique feature of this team is where they all take a personal interest in the client’s matter, this makes us continue to work with this team for all our property related matters.’
‘Seanika Pulle has impeccable knowledge in the subject area.’
‘The Nithya team’s strength lies in their sound knowledge of the relevant law and thoroughness in formulating documentation.’
‘Their quick turnaround on a recent construction matter was of immense value in proceeding with the project well within the agreed timelines.’
Sudath Perera Associates
The department at Sudath Perera Associates is home to thoroughly experienced lawyers, able to advise domestic and international clients on a wide spectrum of matters; examples include project financing, structuring of complex projects, acquisitions and disposal of land, conveyancing, commercial & residential development. The department’s key strengths also lie in due diligence on leasehold and freehold property and implementing the relevant documents of converting property into condominiums. The group recently has bolstered its knowledge on government property acquisition mandates in accordance with the land acquisition act. The practice is home to Dharshika Herat Gunaratne, who has been entrusted to draft, register and carry out mortgage bonds and tripartite agreements concerning staff loan, home loan and equity loan facilities.
Practice head(s):
Dharshika Herat Gunaratne
Testimonials
‘Sudath Perera Associates is a reliable law firm’.
‘The service is exceptional, and I think what makes them unique is their friendly and fast service’.
‘One may think getting a law firm to perform documentation and other services is time consuming and complex, this group is the best example to prove it wrong. Even if you are with the least knowledge, being the client, you can solely rely on them with no doubt.’
‘Everyone at Sudath Perera Associates I have worked with is of exceptional performing skills.’
‘They are very well experienced in the industry of law.’
Key clients
Provident Capital (Private) Limited
Micro Construction (Pvt) Ltd / Micro Cars (Pvt) Ltd / Micro Holdings
MJF Leisure Private Limited/ MJF Group/ MJF Holdings Limited (Dilmah Tea)
State Bank of India
Samsung India Electronics (Pvt) Ltd
Foundation of Goodness
Maga Engineering (Private) Limited
Huejay International Multiflora (PVT) Limited / Huejay Development (Private) Limited
Zam Holdings Limited
Regus Lanka Number 1 Private Limited / Colombo Office Four Private Limited / Office Colombo Holdings Private Limited
Indian Overseas Bank
Fonterra Brands Lanka Private Limited
Toyota Lanka (Private) Limited
Lemuria (Private) Limited
Sanofi Lanka Ltd
Macksons Holdings
Nippon Paint Lanka Private Limited
Work highlights
- Advised Samsung India Electronics (Private) Limited as the external lawyers of the company.
- Represented the State Bank of India as external lawyers for the execution of staff housing mortgages, staff and corporate vehicle mortgage bonds and high value corporate mortgages over land, machinery, and stock and to draft resolutions pertaining to the same.
Tiruchelvam Associates
Tiruchelvam Associates has recently supported a wealth of real estate clients on all matters arising from the foreign exchange crisis. The practice also supports multinational clients, when needed, with applications to the Central Bank of Sri Lanka for tax clearance certificates after the sale of their property in Sri Lanka. Asanka Abeysekera oversees the team: her thorough experience within banking and finance makes her a go-to for real estate transaction structuring, and she is likewise well-versed in title reports.
Practice head(s):
Asanka Abeysekera
Testimonials
‘Asanka Abeyesekera has been extremely helpful in explaining the legalities and options available to me so I could make well informed decisions.’
‘Tiruchelvam Associates carried out the registration of my condominium apartment, on my behalf. This was handled in a professional and competent manner within the tight deadline set by the colombo municipality.’
‘Very professional team with extensive knowledge in their own area of work, they are focused on what they do and display maturity and accountability.’
‘The team has been responsive to email, clear in their instructions and able to be flexible.’
‘They have provided excellent service to us, despite us being overseas.’
‘Asanka Abeysekara has given us considered, helpful and timely advice.’
Key clients
Romany Nanayakkara
Ramesh De Silva
Dudley Leelananda
Kumaresan Padmanathan
Dr. Shriyani Maine
Susanne Loos Jayawickreme
Sakuntala Kadirgamar
Sakunthala Devarajan
Premilla Chinnappa Quinn
Deeshani Gooneratne
Work highlights
- Assisted a client who resides abroad as an attorney on selling her condominium parcel.
- Represented a client in a resurvey plan enabling them to sell their property in Sri Lanka, advising that a caveat be registered at the relevant land registry as a precautionary measure.
- Advised a client on registration issues concerning the ownership of a property listed in a family will.