According to the latest Land Valuation Indicator (LVI) released by the Central Bank of Sri Lanka, Land values in Colombo District increased by 5.9% during the first half of 2026 compared with the same period last year.

Residential Land Records Strongest Increase

The Residential Land Valuation Indicator Increased by 6.7% year on year during the first half of 2026.

The Commercial Land Valuation Indicator increased by 5.7% and Industrial Land Valuation by 5.2%.

Land Valuation indicator Also Rises From Second Half of 2025

The overall LVI reached 271.6 in the first half of 2026, compared with 261.9 in the second half of 2025.

This represents a 3.7% increase compared with the previous half year period.

Residential, commercial and industrial land indicators also increased during the period.

What Does the Indicator Measure?

The CBSL’s Land Valuation Indicator is based on per perch bare land prices obtained from the Government Valuation Department.

The indicator covers Colombo District’s 13 Divisional Secretariat divisions. Separate indicators are calculated for residential, commercial and industrial land based on average per perch bare land prices in each area.

The overall LVI is calculated as a simple average of the three sub indicators.

Source: Central Bank of Sri Lanka, Land Valuation Indicator – First Half of 2026, published August 17, 2026.