Condo developers, the Blue Ocean Group has denied claims of wrongdoing on complaints made by some residents of their apartments that Blue Ocean hasn’t transferred their deeds. In one example, a resident of Kollupitiya, A. Priyantha owning four condominium apartments built by Blue Ocean Residencies has complained about the company’s poor construction, among other issues. [...]

Business Times

Kollupitiya resident complains against high rise builder

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Condo developers, the Blue Ocean Group has denied claims of wrongdoing on complaints made by some residents of their apartments that Blue Ocean hasn’t transferred their deeds.

In one example, a resident of Kollupitiya, A. Priyantha owning four condominium apartments built by Blue Ocean Residencies has complained about the company’s poor construction, among other issues.

“I have paid upfront for all four apartments – three at Blue Ocean Residencies Kollupitiya and one at Blue Ocean Residencies, Siripala Road, Mt. Lavinia. It has been almost three years since they have finished the constructions but they are very poorly constructed. My main worry is that still they haven’t handed over the deeds to us and they are not even replying to our email or returning our phone calls,” he said in a letter to the Business Times.

The apartments, he alleged, are not consistent with the sales contracts and they don’t include the promised square feet. He said the products used are not as per the standard that was promised. “When we inquired about it we have been told by their sales manager that Blue Ocean Residencies doesn’t want to waste time with us.”

Blue Ocean Group Chairman S. Thumilan rejected the claim saying this resident hadn’t submitted the proof of funds which is the reason that they hadn’t transferred the said deeds. The resident countered this by sending documents to the Business Times where his monies were transferred. “All our money is legitimate and came from bank to bank. We transferred the cash through Seylan Bank – a Share Investment Account. All proof can be submitted.” He added that he has proved to the banks here and Australia his source of income. “Australian banks are more strict than local banks and all our money came from an Australian bank to a Sri Lankan bank via our SIA Account because one day if we need to take the money back we can take it back via the same channel.”

He said that he has been in Australia for 25 years and that he and his wife invested in this country all their hard earned money as foreign investors. “Sri Lanka is begging for foreign investors to come and invest but once they do there is no government body or organisation that can help us. Most organisations that are here are all corrupt and being bribed.”

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