Since end of the war 7 years ago, Sri Lanka ́s economy has boomed. GDP growth of 7% per annum has become normal. Construction has grown at double-digit rates and was 10.3% of GDP in 2013. The IT/outsourcing industry is booming. Shangri-La, Moevenpick, Sheraton and many other luxury hotels have opened. Tourist arrivals have skyrocketed, rising by 133% from 2010 to 2015 with more than 1.9 million tourists visiting the country, a major improvement even over the 11.9% annual growth in tourism arrivals from 2000 to 2009. The
As growing the tourism industry Kandy, the last hill capital of Sri Lanka is transforming in to the next best investment destination and it the location for the project. The city of Kandy is very much centralized and ideal place for anyone to spend their vacation the project more focus to transfer urban development to country side by way of marketing product in line with nature and Create all comforts to meet up in a modern holiday home & enrich their holiday making in all aspects.
Situated 1000 meters above sea level, “The Watergate” provides you with an enticing blend of scenery and untamed natural beauty. Offering residents a splendid view of the Victoria Reservoir and its surrounding mountainside environs, “The Watergate” also boasts a view of wildlife in its purest, including scenes of wild elephant herds who regularly visit the reservoir to quench their thirst