Prime Group Commences Construction of The Elizabeth, Colombo 07
Prime Residencies, the condominium arm of Prime Group; The Real Leader in the Modern Real Estate, has officially started construction on The Elizabeth, Colombo 07, marking the commencement of a landmark residential development set to redefine elevated living in one of Colombo’s most prestigious addresses.
In every great capital city, there are residences that transcend their physical form to become enduring symbols of the city itself defined not only by their architectural distinction, but also by their prestigious address, distinguished associations, and the legacy they represent. The Elizabeth is envisioned as such an address, conceived to establish a new benchmark in refined ultra-luxury living and to become part of Colombo’s evolving architectural and residential identity.
Located along Bauddhaloka Mawatha, Colombo 07, The Elizabeth brings together an exceptional address, elevated private residential amenities, and contemporary architectural excellence, creating a distinctive living environment that reflects the prestige, sophistication, and enduring appeal of one of Colombo’s most sought-after neighborhoods.
The groundbreaking marks an important milestone in the realization of a development comprising spacious 200 residences, thoughtfully designed across one acre of land to deliver a refined residential experience where architectural expression, functionality and timeless elegance come together. The piling works for The Elizabeth will be undertaken by Access Engineering PLC, bringing its expertise and technical capabilities to the foundation stage of this landmark development.
The residences are thoughtfully designed across two, three, and four-bedroom configurations. Each residence is designed to endure as a rare living heirloom for generations to come, offering exceptional quality, distinction and lasting value.
Residences at The Elizabeth start from LKR 129,750,000 upwards, presenting a unique opportunity to secure ownership within one of Colombo’s most prestigious residential addresses in Colombo 07.
The Elizabeth is designed to complement this enduring character. Its architectural language, private amenities and carefully considered residences come together to create an address defined by heritage, privacy and permanence.
“The Elizabeth represents a new chapter in how we understand the prestigious residential living in Colombo. It is not simply about creating another residence; it is about creating an address with a sense of identity, heritage and lasting value. The location, architectural vision and level of detail have all been carefully brought together to create something truly distinctive for a select community,” said Premalal Brahmanage the Chairman, Prime Group.
The name The Elizabeth itself reflects the philosophy behind the development- inspired by heritage, defined by elegance, and created for those who value legacy as much as luxury. Set on nearly one acre of land in highly sought-after Colombo 07, The Elizabeth offers buyers a rare opportunity to own a newly built residence in one of Colombo’s most prestigious addresses, where both land and distinguished housing are exceptionally limited. It is a development conceived not merely for today, but with an enduring sense of place, permanence and legacy.
With 30 years of trusted excellence, Prime Group is one of Sri Lanka’s leading real estate powerhouses, driven by innovation, integrity and a vision for better living. Its award-winning condominium arm, Prime Lands Residencies PLC, has successfully delivered 45 apartment projects, with more than 50 developments across Colombo and its suburbs. As the largest real estate company listed on the Colombo Stock Exchange, Prime Lands Residencies PLC continues to redefine modern living through trust, reliability and long-term value.
The Elizabeth, Colombo 07, is the latest expression of this legacy an address where heritage meets contemporary living, and where a residence becomes more than a home: a lasting part of Colombo’s identity.
