Athurugiriya Land Prices 2025: SLIIT, Expressway & Growth
December 25, 2025
Athurugiriya Land Prices 2025: SLIIT, Expressway & Growth
Athurugiriya is Colombo's tech corridor. SLIIT, IT parks, and expressway access have transformed farmland into a thriving suburb in just 15 years.
Quick Stats
- Distance from Colombo: 20 km
- Key Drivers: SLIIT University, Outer Circular Highway
- Character: IT/Education hub, rapidly developing
- Price Range: Rs. 12 - 28 Lakhs per perch
Zone-by-Zone Pricing
| Area | Price Per Perch | Notes |
|---|---|---|
| Near SLIIT/Malabe | Rs. 20 - 30 Lakhs | Student/faculty demand |
| Highway Adjacent | Rs. 18 - 28 Lakhs | Access premium |
| Athurugiriya Town | Rs. 15 - 25 Lakhs | Commercial center |
| Interior Areas | Rs. 10 - 18 Lakhs | Value, developing |
| Hokandara Side | Rs. 12 - 20 Lakhs | Quieter residential |
Growth Story
| Year | Price (Per Perch) |
|---|---|
| 2010 | Rs. 3-5 Lakhs |
| 2015 | Rs. 6-10 Lakhs |
| 2020 | Rs. 12-18 Lakhs |
| 2025 | Rs. 15-28 Lakhs |
Growth: 400-500% in 15 years
Investment Considerations
For Living: Excellent for IT professionals working in Malabe/Battaramulla corridor.
For Student Housing: SLIIT has 10,000+ students. Strong boarding demand.
For Appreciation: Still has room for 10-12% annual growth.
FAQs
Q: Is it too late to invest? No, but the explosive growth phase is over. Expect steady, moderate appreciation now.
Q: Traffic issues? Yes, the main road to Malabe gets congested. Interior roads are better.
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