Myland Developments PLC
CCSELK:MDL.N000015.00
LKR
-0.40
(-2.60%)
Myland Developments PLC
CSELK:MDL.N0000
(Colombo Stock Exchange)
Recent
price
15.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Myland Developments PLC is a Sri Lanka-based real estate development company engaged in the acquisition, development, subdivision, and marketing of residential and commercial land plots. Founded in 2017 and headquartered in Pannipitiya, Sri Lanka, the company operates across the Western Province and surrounding regional growth corridors. Myland Developments PLC structures its operations through core business lines that include bare land acquisition, infrastructure development, and subdivided plotted land sales; civil engineering and utility installation, encompassing access road construction, electrical distribution network setup, central water supply connections, and drainage infrastructure; turnkey residential building and customized house construction services; property advisory, land surveying, title clearance, and legal conveyance documentation; and structured customer financial solutions, including flexible in-house installment plans and commercial bank loan facilitation. The company targets middle-to-upper-income individual homebuyers, commercial developers, and property investors seeking clear-deed real estate assets. In recent developments, Myland Developments PLC has strategically expanded its operational scope beyond land subdivision into integrated residential housing construction, expanded its development pipeline across high-growth suburban townships, enhanced its digital sales and customer management platforms to streamline reservations and deed processing, and secured broadened credit lines with commercial banking partners to finance new property acquisitions and multi-phase land development projects.