UDA Chief named 2019 Real Estate Personality of the Year

[Shared on 08.07.2019]
Source: www.ft.lk. Please click here to visit the source.

The 2019 PropertyGuru Asia Property Awards (Sri Lanka) competition moves forward as 50 senior executives from more than 20 developers from the island-nation joined the exclusive Leaders Luncheon hosted by the prestigious industry award-giving body at the Galle Face Hotel, Colombo.

The private luncheon also served as a venue to recognise Dr. Jagath Munasinghe, the Chairman of the Urban Development Authority (UDA), and Director General, National Physical Planning Department (NPPD), as the recipient of 2019 Sri Lanka Real Estate Personality of the Year award.

“It is an honour to be here with you at this event. Even though I am reluctant to accept awards, I thought it is my duty to attend any appreciation, on behalf of my team, who had been there with me for the last three years and enormously contributed to formulate the National Physical Plan 2050 for Sri Lanka and to make the current transformation in the Urban Development Authority, a reality,” said Dr. Munasinghe upon humbly accepting the accolade.

According to the government official, the National Physical Planning Policy and the Plan 2050 had been his long-time dream to further develop the infrastructure covering 660square kilometres on the island, the country’s ports, and its ocean space over the course of the next few decades. The plan was recently approved by Sri Lankan President Maithripala Sirisena and will be published soon on the NPPD’s website.

“The 2050 Plan has been adopted by other institutions, including a few private sector organisations for the preparation and formulation of their sectoral plans and policies. On this occasion, I welcome the move by the property development sector to appreciate this work,” he added, expressing gratitude to his teams at UDA and NPPD, and Patali Champika Ranawaka, M.P., Minister of Megapolis and Western Development, who appointed him to his current positions at a ‘crucial moment’ of the country’s development... [read more]

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Only for information purpose. Under no circumstances will the ITPSL be responsible or liable in any way for any content of the materials shared in this section.

Circular: PLANNING CERTIFICATION OF SURVEY PLANS

The ITPSL has issued a circular to all its members regarding the planning certification for the Land Subdivision, Amalgamation etc. Please follow the link to access the details.

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Higher Diploma in Urban Planning (Part II Examination)

The inaugural session of the Higher Diploma in Urban Planning was held on March 16, 2019 at Construction Equipment Training Centre (CETRAC), Pelawatta.

Can we design cities for happiness?

[Shared on 18.06.2019]
Copyrights/ Originally published: TED Institute YouTube Channel (Sep 13, 2017).

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ITPSL Corporate Building: Progress of construction

ITPSL Annual Sessions 2019

Discussion Forum

Colombo’s Future: Emerging Morphology of the Commercial Capital

Please click here for the program details

ITPSL Annual General Meeting 2019

The Annual General Meeting of the ITPSL for the year 2019 was held on March 29, 2019, followed by the Annual Sessions and members' get-together at Club Hotel Dolphin, Negombo.

Sri Lanka will never be the same in 2050. Here’s why

[Shared on 08.07.2019]
Source: www.asiapropertyawards.com. Please click here to visit the source.

...Despite its diminutive size, Sri Lanka has overwhelmed the country’s land zoning agencies and urban planners. Here is a teardrop-shaped island, sprawling just 660 square kilometres over the Indian Ocean, but bursting at the seams with sensitive ecosystems, forest reserves, water cascades, and highlands, punctuated by more than 100 urban centres, nine major cities, and two metropolitan regions.

Yet the country’s corridors of power have inordinately focused on the urban section of the island; it accounts for almost 40 percent of the populace, after all. More than 90 percent of the island’s real estate activities also converge in Sri Lanka’s urban areas, covering nearly 23 percent of the land.

Development was bound to proceeds in a disorderly and ad-hoc manner then. When Dr. Jagath Munasinghe was appointed to the chairmanship of the Urban Development Authority (UDA) in 2016, he made it his raison d’etre to craft regulatory measures that bespeak more planned development for the country. “In that dream, the systems are in place so that developers, officials and the citizens are delighted with the services delivered by institutions, service providers and the public desks,” he said.

Munasinghe, who also serves as director-general of the National Physical Planning Department (NPPD), was instrumental in formulating the National Physical Planning Policy and the Plan 2050.

The Plan aims to, by 2050, apportion and guide major physical developments in the country into four main development corridors, led by the East-West corridor connecting Colombo and Trincomalee. “We can expect numerous opportunities to open up for the real state sector with the gradual establishment of these development corridors,” promised Munasinghe.

The National Physical Plan serves as a panacea of sorts to the issues caused by the dearth of development plans for urban areas in the island, which now number as high as 240. For the last 40 years, the UDA has formulated only 40 development plans, some of which are now outdated.

Under Munasinghe, the agency is formulating plans for every urban area, including such major cities such as Kandy, Galle, Kurunegala, Rathnapura, and Anuradhapura.

The UDA has special plans for the Sri Lankan capital, which has been buckling under the pressures of property development. Authorities hope to introduce Colombo Commercial City as the most sought-after “waterfront business environment experience” in the world.

Land values in waterfront and canal-side areas of Colombo are set to appreciate by 61 to 62 percent in 2030.

“These plans have adopted a novel approach which I would call ‘pro-development’, deviating from the conventional regulatory based approach,” explained Munasinghe.

“They provide a flexible framework for the developers to select among many choices available for them to design their development, optimising the resources and the opportunities, and incentivising ‘green’ developments.”... [read more]

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Only for information purpose. Under no circumstances will the ITPSL be responsible or liable in any way for any content of the materials shared in this section.

 

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Young Planners' Forum

The ITPSL

The Institute of Town Planners Sri Lanka (ITPSL) was established under the provisions of Parliament Act No 23 of 1986 is the professional body responsible for enhancing the Town Planning Profession in Sri Lanka. The Institute was brought into existence to promote the profession of Town & Country Planning in Sri Lanka and to enhance the standard of the profession in the country in keeping with global trends and developments in this field. The Institute also plays a lead role in expressing its professional opinion on matters directly and indirectly concerned with urban and regional development of Sri Lanka and has offered its advice and services to the Government, Semi Government Institutions as well as Provincial and Local Authorities.