Out of the six million families living in Sri Lanka, only 5.2 million have some form of housing. Though steps have been taken to develop the housing sector in the country, such as the formulation of the National Housing Policy, there are issues that warrant attention. This blog aims to inquire into the pressing needs of the sector and discuss whether the 2019 Budget proposals passed by Parliament provide solutions to these problems.
With the recent upswing in the condominium market in Sri Lanka, it is important to take environmental implications of these constructions into consideration. The authors argue that a holistic and a futuristic approach should be adopted when building condominiums and sustainable practices should be integrated into the approval process for the ‘design’ of the condominiums.