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Land for sale in Horana
Situated in the Kalutara district, Horana is a town that is a half an hour’s drive away from Colombo and Ratnapura. It is home to many schools, universities, restaurants and more. The commercial value of the properties for sale in Horana have been increasing over the years with more development taking place. This has resulted in a spike in searches of land for sale in Horana by investors and first time home buyers equally.
Given the popularity of this town growing significantly alongside the many developments taking place, there has been a surge in searches for properties in neighboring towns as well. As such, land for sale in Ingiriya, Bandaragama and Pokunuwita have been on the rise with Ingiriya in paricular recording high percentage increases in prices.
These lands are purchased for residential and commercial use which eventually drive property prices up. Thus increasing the overall value of real estate in the town.
When compared with land for sale in Gonapola, Handapangoda and Horana, since the towns are in close proximity people are more optimistic about different property options. As a result, even if they aren’t able to build a home on land for sale in Horana, they would consider land in other towns or opt to buy houses straight off the market.