Indola Estates Ltd., the Parent Company of Indola Group and one of the largest public plantation companies in Sri Lanka was founded by Allan Paranavitana in 1927 and incorporated in 1951. It grew to include interests in tea, rubber and coconut.

Today, Allan Paranavitana’s grandson Ajit Wijesinghe along with Australian businessman Paul Dwyer are directors of Indola Group Pvt Ltd, (Indola Group) a Board of Investment approved company in Sri Lanka.

Indola Group owns 12 acres of freehold beachfront land at Balapitiya. This is one of the largest privately-owned beachfront holdings in the south of Sri Lanka.

Active Developments
Total Developments
786, Galle Road, Randombe, Balaptiya, Ambalangoda, Balapitiya, 80550, Sri Lanka
Company Size
Date established:
Ticker Symbol:
Dusit Thani Sri Lanka
Balapitiya - Sri Lanka
Price guide Size Available
$ 226,000 - 825,000 123 - 52 m 2 103

Dusit Thani Sri Lanka is the One and Only Fully-Integrated Beachfront Apartment development in Sri Lanka Guaranteeing Returns of 7% nett for 7 Years, Paid Quarterly in US$. Investors can earn returns even during construction and we are the only development in Sri Lanka available to both local & foreign investors. 

  • 21-day Free Stay for Owners
  • 100% Freehold Title 
  • No Ongoing Costs 
  • Great Capital Gains Potential

Get in touch to own your piece of paradise on the resplendent isle of Sri Lanka!