Project Timeline
Watch Altaira rise from vision to realityDEVELOPMENT 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.
April 2026
Announcement of Altaira Luxury Yurts
We announced Altaira’s luxury hilltop yurts, redefining how premium living can be experienced and owned. Designed for both fractional co-ownership and full ownership, this offering gives individuals the flexibility to choose between shared access or complete private ownership. Each yurt is fully furnished, thoughtfully designed, and professionally managed to deliver a seamless luxury experience.
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.
