
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
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
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
Applications were submitted to SLTDA and BOI, initiating the formal approval process required for tourism and investment development in Sri Lanka.
Jan 2026
The SLTDA team conducted an on-site visit to assess the land, access, and development plans - a key step toward regulatory clearance.
Feb 2026
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
Altaira has successfully achieved preliminary approval, marking an important milestone.
Dec 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
The private residences and villas are planned for completion by December 2028, following the resort launch, ensuring a well-paced and integrated development.
A Fracspace Development