Ocean View Development Company (Private) Limited (OVDC) in the business of real estate property development with the vision of “To be on the top of the excellence in property development” is a 100% government entity directly under the purview of the Ministry of Urban Development and Housing.
This entity was incorporated in 1994 under the Companies Act 17 of 1982 prevailed then. The main shareholders therein were National Housing Development Authority (NHDA) and Urban Development Authority (UDA). Having its prevailing registered office at the ‘Tower Building’, at No. 25 ½, Station Road, Bambalapitya, Colombo 04, name and the share holdings, OVDC was compelled to reregister with the Registrar General of Companies in the year 2010 in line with the requirements of the present Companies Act No 07 introduced by the Government in 2007.
VISION
“To be on the top of the excellence in property development real estate Company in Sri Lanka”
MISSION
Enhancement of individual homes and condominiums with the best quality of service meeting the customers’ expectations by providing sufficient spaces with modern urban facilities and with maintenance facilities focused on execution and innovation at affordable prices.
