Concept visualisation of the proposed Thalawathugoda High-Rise Mixed Development: twin glass towers joined by a landscaped sky bridge, set above a green city skyline in daylight.

Est. 2007 Sri Lanka

Featured proposal 01 / 04

Thalawathugoda High-Rise Mixed Development

Beyond Structures.

Shaping ambitious development visions through construction, property development and strategic project collaboration.

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Company

Urban Housing Building Consortium (Pvt) Ltd

Built on vision. Driven by possibility.

Established in 2007, Urban Housing Building Consortium (Pvt) Ltd — UHBC — is a Sri Lankan company working across construction, property development and project-related opportunities.

We design and build condominium developments, arrange project financing through international banks and foreign investors, obtain the approvals each project needs from the relevant government institutions, and coordinate construction on site.

Founded by: Mr. Lal Kaluarachchi
What we do: Property Development & Construction

Condominium Design & Construction

Real Estate Development & Investment

Project Consultancy, Construction & Coordination (Special Projects)

Obtaining Approvals from Relevant Government Institutions

Project Financing & Fund Management

Project Financing Through International Triple-A-Rated Banks

Fund Arrangements Through Foreign Investors & International Banks

Investment Brokerage

Monetization of Standby Letters of Credit (SBLCs) Above USD/EUR 10 Million

International Trade & Investment

Imports & Exports

Commodity Trading

International Platform Trading – UK & USA

More about the company

Featured Developments

Visions for Sri Lanka’s urban landscape.

Exploring new possibilities in residential, commercial and mixed-use development across Sri Lanka. Discover architectural concepts designed to respond to evolving urban environments.

All developments

Thalawathugoda High-Rise Mixed Development — Thalawathugoda, Sri Lanka. High-rise residential, commercial and office development. Proposed scheme: 640 luxury apartments in two towers of 50 floors each. Status: Proposed.

Karapitiya–Galle Mixed Development — Karapitiya, Galle, Sri Lanka. Residential apartments with shopping and medical facilities. Proposed scheme: 231 apartments. Status: Proposed.

Balangoda High-Rise Mixed Development — Balangoda, Sri Lanka. Residential, commercial and recreational development. Proposed scheme: ground floor plus 15 floors. Status: Proposed.

Nilwella Island Resort — Nilwella, Dikwella, Sri Lanka. Island resort hotel reached by cable car. Proposed scheme: 100 luxury rooms, each with a private swimming pool. Status: Proposed.

Past project: Rajagiriya Luxury Apartment Complex — Parliament Road, Rajagiriya, Sri Lanka. Residential luxury apartment complex: 25 floors, 250 apartment units. Status: Completed.

In Numbers

Proposals of real scale.

Estimated project values and key figures for UHBC’s current proposals.

Thalawathugoda: estimated value USD 300 million; 2 towers of 50 floors each, 640 apartments.

Karapitiya–Galle: estimated value USD 110 million; 26 floors, 231 apartments.

Balangoda: estimated value USD 45 million; 15 floors.

Nilwella: estimated value USD 50 million; 100 rooms, each with a private pool.

Areas of Expertise

Disciplines that give a vision its form.

Each discipline is held together by one approach: a clear development vision, carried from the first proposal onwards.

Construction & Development

Construction and property development across residential and mixed-use typologies, approached with discipline from early feasibility to execution on site.
Discuss a project
Balangoda proposal
Real Estate & Urban Housing

Real estate development shaped around urban living — residential communities and mixed-use environments that respond to how Sri Lanka’s towns and cities are growing.
Discuss a project
Karapitiya–Galle proposal
Project Coordination

Bringing together the professional disciplines a development requires — design, engineering, approvals and delivery — around a single, clearly held vision.
Discuss a project
Thalawathugoda proposal
Strategic Development Partnerships

Working with landowners, investors and professional teams to structure collaborations that move ambitious development ideas forward.
Discuss a project
Nilwella proposal
Project Financing & Investment Facilitation

Supporting development proposals with project financing and investment facilitation, structured around the specific requirements of each project.
Discuss a project
Karapitiya–Galle proposal

Our Philosophy

Building spaces. Enabling possibilities.

A development is measured not only by what is built, but by what it makes possible — for the people who will live and work within it, and for the city that grows around it.

Development vision

Every project begins with a clear idea of the place it should become — a vision we hold from the first proposal onwards.
Professional collaboration

No building is the work of a single discipline. We bring architects, engineers, consultants and partners together around shared goals.
Long-term value

We think beyond completion — about durability, liveability and the lasting value a development creates for its owners and community.

Our founding commitment: Sheltering the Nation Is Our Concern

Leadership

The people behind the vision.

Mr. Lal Kaluarachchi, Founder / Chairman / Managing Director. Founder of Urban Housing Building Consortium (Pvt) Ltd, guiding the company’s vision and strategic direction since its establishment in 2007.

Ranjani Kaluarachchi, Director. Director of Urban Housing Building Consortium (Pvt) Ltd, contributing to the leadership of the company and its long-standing commitment to sheltering the nation.

Dunesha Kaluarachchi, Director. Director of Urban Housing Building Consortium (Pvt) Ltd, bringing over two decades of experience in condominium development and the sales and marketing of high-rise luxury apartments in Colombo, serving private, international and diplomatic clients.

Prof. Lalith de Silva, Consultant: Chartered Architect / Consortium & Project Manager, with 41 years of practice as a consultant for multi-million-dollar projects. Emeritus Professor; formerly Dean, Faculty of Architecture, University of Moratuwa; Past President, Sri Lanka Institute of Architects; Chair, RIBA Sri Lanka Members; Fellow of the Sri Lanka Institute of Architects (SLIA).

Business Network

A wider network, common leadership.

Bullion and Capital Investments (Pvt) Ltd

A related business operating under common leadership with UHBC.

Bullion provides financial advisory and funding consultancy, acting as an intermediary to help clients identify and secure a suitable lender or facilitator, from local and foreign banks and finance companies to private investors and other financial institutions. Funding structures include loans, equity and debt financing, joint ventures, bridge and mezzanine financing, structured and asset-backed finance, bond issuances and private placements.

bullioninvests.com

Contact

Let’s shape what comes next.

For development collaboration, property enquiries, project coordination or general questions, contact the UHBC team.

Address

639/40, Capital Kingdom,
Pannipitiya Road,
Thalawathugoda, Sri Lanka

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Beyond Structures.

Built on vision. Driven by possibility.

Visions for Sri Lanka’s urban landscape.

Proposals of real scale.

Disciplines that give a vision its form.

Construction & Development

Real Estate & Urban Housing

Project Coordination

Strategic Development Partnerships

Project Financing & Investment Facilitation

Building spaces. Enabling possibilities.

Development vision

Professional collaboration

Long-term value

The people behind the vision.

A wider network, common leadership.

Bullion and Capital Investments (Pvt) Ltd

Let’s shape what comes next.

Send an enquiry