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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 was officially unveiled on 14 February 2026, where the vision, masterplan, and overall experience were introduced to early partners, stakeholders, and prospective investors.

  • Feb 2026

    Preliminary Approval

    Following a comprehensive review and site inspection, Altaira has proudly secured Preliminary Clearance from the Sri Lanka Tourism Development Authority (SLTDA). This important government endorsement marks a key regulatory milestone and significantly strengthens the project's credibility as we advance toward the next phase of development.

  • 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