Lumiére Residencies, a Sri Lanka Board of Investment approved project developed by DGS Holdings (Pvt) Ltd and designed by associate company Design Group Five International (Pvt) Ltd, was recently awarded the Certificate of Conformity from the Colombo Municipal Council and the Condominium Management Authority (CMA) Certification.

The Certificate of Conformity (CoC) is a statement of quality that declares that the building meets all stringent statutory requirements as per approved plans for architecture, structure, electrical systems, water supply & drainage system, and solid waste disposal and fire fighting systems.

Having previously obtained the Provisional Condominium Management Authority (CMA) Certification during the construction of the building, the condominium complex has now received the final CMA certificate, which facilitates the registration of the deed of transfer in the name of the buyers.

The Condominium Management Authority (CMA) is the regulatory body for condominium properties, where the CMA certificate is essential to register the property and ownership of individual apartments, with the Land Registry.

Certification from the CMC and the CMA also provides any potential buyer with eligibility to receive funding, such as housing loans, from financial institutions.