Tata Housing, a wholly-owned subsidiary of Tata Sons has announced the launch of its mixed use township at Colombo in Sri Lanka. The project in partnership with UDA (Urban Development Authority) of Sri Lanka will commence its operations with starting construction of residences for rehabilitation of the current tenants in the phase one.
AKOYA Oxygen, spread over 55 million sft, will showcase the greenest living spaces in Dubai with parklands, green open spaces and private gardens. The development, located off the Umm Suqueim road extension will include various residential home options surrounding a championship golf course designed by a well-known international golfing star.
The project is being developed along the ethos of ‘Escape the City’’ with an upscale resort feel. Luxurious residential properties will be integrated with retail and hospitality products including a five star Hotel, a luxury wellness centre featuring wellness therapies. The fully-integrated community will also include globally-recognized retail brands, leisure & entertainment offerings, and organic market places all set within beautiful manicured landscaping.
DAMAC Properties will be relocating over 4,000 trees into the development to ensure cleaner air and naturally cooler temperature. This will be in addition to many water features throughout the community. From low emission residences, to our utilizing of recycled materials, all this will contribute in transforming AKOYA Oxygen into the first green luxury residential address in Dubai. Homes will incorporate energy efficient materials such as lighting, low-emission paints and solar water heating systems and will all feature strongly in the building process.