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Project Timeline

Watch Altaira rise from vision to reality

DEVELOPMENT JOURNEY

Crafting a Destination in the Clouds

Milestones in creating a destination above the clouds, shaped with intention and built to offer a life where nature and comfort exist in perfect balance. From concept to completion, Altaira is being built with care, precision, and a vision to redefine mountain living.

  • Oct 2025

    Land Acquisition Complete

    The hilltop site for Altaira was officially acquired, marking the foundation of the project. This secured the location, views, and long-term vision for the destination.

  • Nov 2025

    Architects Engaged

    Inside Project was onboarded as the lead architectural partner to shape Altaira’s masterplan, ensuring a design approach rooted in the landscape and long-term usability.

  • Dec 2025

    Regulatory applications submitted

    Applications were submitted to SLTDA and BOI, initiating the formal approval process required for tourism and investment development in Sri Lanka.

  • Jan 2026

    SLTDA Site visit conducted

    The SLTDA team conducted an on-site visit to assess the land, access, and development plans - a key step toward regulatory clearance.

  • Feb 2026

    Unveiling of Altaira

    Altaira is scheduled to be officially unveiled on 14 February 2026, when the vision, masterplan, and overall experience will be introduced to early partners, stakeholders, and prospective investors.

  • Feb 2026

    Preliminary Approval

    Altaira has successfully achieved preliminary approval, marking an important milestone.

  • Dec 2027

    Altaira Resort - Planned Completion: December 2027

    The core resort experience, including hospitality spaces, dining, wellness areas, and shared amenities, is targeted for completion by December 2027 - bringing the first phase of Altaira to life.

  • Dec 2028

    Altaira Residences - Planned Completion: December 2028

    The private residences and villas are planned for completion by December 2028, following the resort launch, ensuring a well-paced and integrated development.

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Altaira is a luxury hilltop resort and residence destination set nearly 2,000 feet above sea level. Designed for stillness, discovery, and elevated living, Altaira blends nature, wellness, and adventure into one timeless experience.

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A Fracspace Development