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Home Biz & Economy

The Krrish Tower: Colombo’s Looming Ghost of Neglect

by Lanka Sara Editor
December 22, 2024
in Biz & Economy, Social
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In the heart of Colombo stands an unfinished skyscraper that once symbolized ambition but now serves as a grim reminder of broken promises. Known as the Krrish Building, this structure, marred by controversy and political intrigue, remains an unfulfilled dream—and a potential disaster waiting to happen.

The project started in a vital land bloc of four acres at York Street. It was named KRRISH Square. The investors, Krrish Group India initially planned for a mixed-development project comprised of four high-rise buildings, the highest with 90 floors.


The Urban Development Authority owns the land and it was leased for 99 years for 5 billion US Dollars.

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A Monument to Neglect

The Krrish Building, often called a death trap, has become a symbol of negligence. When will this mausoleum-like structure, tied to the legacy of the Rajapaksa regime and Namal Rajapaksa, finally be addressed? Urgent action is required to stabilize or demolish the building, which deteriorates daily, posing an increasing risk of a catastrophic accident. The warning signs are evident, and ignoring them could lead to tragedy.

Court Orders and Immediate Concerns

Fort Magistrate Tanuja Lakmali recently issued a directive to the building’s management to remove hazardous parts of the abandoned 60-story structure within two weeks. The order emphasized ensuring public safety by preventing debris from falling and causing harm.

In response, the building’s legal representatives requested 55 days to complete the task, citing logistical challenges. They assured the court that the removal would take place at night to minimize inconvenience to commuters. However, the Fort Police argued that the current condition of the building demanded immediate action, labeling it unsafe for public use.

The urgency became apparent after two incidents earlier in October: a metal fragment from the building fell on a parked car, and another piece struck the nearby Hilton Hotel. Thankfully, no injuries were reported, but these events underscored the pressing need for intervention.

 

A Tale of Broken Promises

Construction of the Krish Building began in 2015. It was envisioned as an iconic addition to Colombo’s skyline. However, progress stalled during the COVID-19 pandemic and subsequent economic downturn. What was once a beacon of potential has now become a crumbling relic, mired in legal battles and financial disputes.

The Rajapaksa regime’s involvement further complicates the story. Allegations of financial irregularities, including a case against Namal Rajapaksa involving Rs. 70 million, remain unresolved. Meanwhile, fraud allegations involving $1.5 million for undelivered residential units have added to the controversy. The company’s chairman, Indian national Amit Kathya, has evaded court appearances, leaving questions about accountability unanswered.

Ownership in Question

While the Urban Development Authority (UDA) owns the land, the government has yet to reclaim it despite repeated promises. The project’s ties to powerful political figures have led to speculation that the real beneficiaries remain shielded, while the public bears the consequences.

A Threat to Public Safety

The building’s condition has worsened over the years, with rusting metal and structural decay accelerated by exposure to the elements. Experts warn that parts of the structure may need complete demolition. Yet, the process raises questions: who determines which sections are unsafe, and how will this be executed without endangering the public?

Recent rains have exacerbated the situation, making the structure even more unstable. The police argue that waiting 55 days for action is too risky, calling for immediate intervention to prevent a potential disaster.

A Call for Accountability

The Krrish Building stands as a chilling reminder of the consequences of political corruption, mismanagement, and neglect. This crumbling tower in Colombo’s central business district is more than an eyesore—it’s a ticking time bomb.

It’s time for the authorities to act decisively. Whether through demolition or a complete rebuild, solutions must prioritize public safety. The ghost of the Krrish Building cannot be allowed to haunt Colombo any longer.

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