Myland
Myland Development Limited is a Sri Lankan land developer that purchases raw land, develops it with roads and utilities, and sells residential plots to individual buyers across the Western Province, supported by multiple payment schemes including bank-loan assistance.
- Company typePrivate
- Founded2017
- HeadquartersKadawata, Sri Lanka
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Myland does
Myland Development Limited is a Sri Lankan land development and sales company operating from Kadawatha in the Western Province. The company purchases raw land directly from owners, develops it with infrastructure — tarred or interlock-paved roadways, concrete drainage systems, three-phase electricity, and pipe-borne water — and resells individual residential plots to individual buyers and investors. Since founding in 2017, it has sold approximately 20 land plots across 11+ locations including Kadawatha, Kaduwela, Malabe, Dompe, Delgoda, Biyagama, Mirigama, Divulapitiya, Kiribathgoda, Udugampola, Weliweriya, and Kelaniya.
The company's go-to-market is sales-led, relying on direct field agents for site visits and documentation, supplemented by a WordPress website, social media channels, and print advertising. Per-perch pricing varies sharply by micro-location (e.g., Rs. 120,000 per perch at Highway Drive in Mirigama vs. Rs. 825,000 per perch at Rotunda Gardens in Kadawatha). To lower the affordability barrier, Myland offers four payment structures: outright cash with discount (pay ~35–50% within two weeks), six-month interest-free installments, a five-year easy-payment plan at 18% per annum, and a bank-loan scheme in which the company handles all documentation and arranges financing through partnered Sri Lankan banks.
Myland is listed on the Colombo Stock Exchange under the ticker col:MDL, has between 51 and 100 employees, and in September 2025 raised approximately $1.07M in a funding round led by Arcasia Investment and Trading. Revenue is not publicly disclosed, but per-plot pricing and cumulative unit volumes indicate a small, transaction-driven revenue base. The company has publicly stated intent to expand beyond land sales into housing projects, apartments, and broader construction/infrastructure development, though no such projects have been launched to date.
Myland firmographics
Firmographics- Name
- Myland
- Legal name
- Myland Development Limited
- Website
- https://myland.lk
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Myland Development Limited is a Sri Lankan land developer that purchases raw land, develops it with roads and utilities, and sells residential plots to individual buyers across the Western Province, supported by multiple payment schemes including bank-loan assistance.
- Ownership category
- akta.pro rank
Myland industry classification
Industry- Product category
- Residential Land Development
- NAICS
- Land Subdivision (23721)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)
- akta.pro secondary industry
- Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)
Keywords
Where Myland is headquartered
LocationHeadquarters
- HQ city
- Kadawata
- HQ country
- Sri Lanka
- HQ region
- Asia
Offices1 record
Markets served
Myland business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Land Sales: Primary revenue from selling developed land plots to individual buyers and investors. The company purchases land from direct owners, develops it with road networks and drainage systems, and sells it for residential or commercial purposes. Revenue is generated through one-time property transactions with various payment options including outright cash, installment schemes, and bank financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Outright Cash Payment - Attractive discounts for full payment within specified timeframe |
| One time/ perpetual license | Monthly | Six Month Interest Free Scheme - 6 installments over 6 months |
| Subscription | Monthly | Myland Easy Payment Scheme - Up to 5 years with interest |
| One time/ perpetual license | Pay-as-you-go | Bank Loan Scheme - Arrange financing through Sri Lankan banks |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Myland product offering
Product offeringCore offering
Myland Development Limited purchases raw land from direct owners, develops it with road networks, drainage systems, three-phase electricity, and pipe-borne water, and sells developed residential land plots to individual buyers and investors in Sri Lanka's Western Province. The company supports these transactions with multiple payment options including outright cash, six-month interest-free installments, a five-year easy payment plan, and assisted bank loan financing through partner Sri Lankan banks.
Product overview
Myland Development Limited is a Sri Lankan property development company offering a unified land development and sales service. The company operates by purchasing raw land from direct owners, developing it with infrastructure (road networks, drainage systems, electricity, water), and selling developed residential land plots. Myland's product portfolio includes completed residential land projects across Western Province (Kaduwela, Kadawatha, Malabe, Dompe, Delgoda, Kiribathgoda, Weliweriya, Kelaniya, Udugampola) as well as individual land listings for sale. The company supports these land sales with multiple payment schemes including outright cash payments, six-month interest-free installments, bank loan assistance, and an extended easy payment plan. Future plans include expanding into housing projects, apartments, and construction/infrastructure development projects.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Land Development Projects End-to-end residential land development: purchasing raw land from direct owners, developing it with full infrastructure (tarred or interlock-paved roadways, concrete drainage, three-phase electricity, pipe-borne water, clear deeds, and approved plans), and selling the developed plots to individual home buyers and property investors across Sri Lanka's Western Province.
- Field Breeze - Divulapitiya Currently available 10 perch developed residential land plot in Divulapitiya, with clear deeds, approved plans, and three-phase electricity, priced from Rs. 1,800,000 for the full land.
- Highway Drive - Mirigama 12.5 perch developed land plot in Mirigama with road frontage and proximity to the highway entrance and main bus route, priced at Rs. 120,000 per perch.
- Rotunda Gardens - Kadawatha 6 perch developed land plot in Kadawatha with interlock-paved roadways, concrete drainage, and three-phase electricity, priced at Rs. 825,000 per perch.
- Arunalu - Biyagama 10 perch developed land plot near the Biyagama Free Trade Zone and Colombo-Dekatana Bus Route, priced at Rs. 150,000 per perch, with tarred roadways, concrete drainage, three-phase electricity, and pipe-borne water.
- Sell Your Land Service Direct land acquisition service for Sri Lankan landowners, enabling them to sell their land to Myland for use in the company's residential land development pipeline.
Companies that use Myland
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Myland technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Myland partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights4 records
Myland competitors and assessment
Company assessmentBroad incumbents
- Overseas Realty (Ceylon) PLC: Listed Sri Lankan real estate company focused on premium commercial and residential developments, including the Havelock City project. Comparable as a Sri Lankan property developer serving local buyers, though operating at the higher end of the market with larger mixed-use projects rather than land subdivision.
- John Keells Properties: Real estate arm of John Keells Holdings, one of Sri Lanka's largest conglomerates. Comparable as a Sri Lankan property developer with residential projects in Colombo, though much larger and diversified across commercial, retail, and integrated townships.
- Fairway Holdings: Sri Lankan conglomerate with real estate operations including property development and brokerage. Comparable as a diversified Sri Lankan real estate participant serving similar buyer demographics, though operating across broader property categories.
- Havelock City: Large-scale integrated mixed-use development in Colombo developed by Overseas Realty. Comparable to Myland as a Sri Lankan real estate development serving middle-class to upper-middle-class buyers, though at significantly larger scale and urban density.
Regional players
- Citi Housing: Pakistani housing developer with international operations including Sri Lanka. Comparable to Myland in offering structured payment plans and developed land plots to first-time buyers, though operating in a different primary geography.
- Lalan Rubbers PLC: Sri Lankan publicly-listed company with significant land holdings and real estate operations. Comparable as a Sri Lankan entity monetizing land assets, though focused on rubber plantations and large-scale land transactions rather than subdivided residential plots.
Direct peers
- Blue Ocean Group of Companies: Sri Lankan integrated property developer active in land development, housing, and construction. Directly comparable to Myland in vertical-integration approach (land acquisition through development) and Sri Lankan middle-class buyer focus.
- Millennium Housing Developers: Sri Lankan residential housing developer focused on affordable homes for middle-income families. Comparable to Myland in targeting first-time property buyers in Sri Lanka with structured payment schemes and Western Province geographic overlap.
- Prime Lands Group: One of Sri Lanka's largest land and property developers, with significant operations in residential land sales and housing developments. Directly comparable to Myland in target customer (Sri Lankan middle-class land buyers), geographic focus (Western Province), and product offering (developed land plots with infrastructure).
Others
- Property LK: Sri Lankan property listing and brokerage platform. Comparable as an adjacent participant in the Sri Lankan real estate transaction ecosystem where Myland sells land, though Property LK operates as a listing intermediary rather than a developer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Myland social profiles
Digital presenceMyland financial estimates
Financial estimateRevenue estimate
Valuation estimate
Myland leadership team
Management profileNumber of profiles
Profiles1 record
Myland funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Myland M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Myland
What does Myland do?
Myland Development Limited purchases raw land from direct owners, develops it with road networks, drainage systems, three-phase electricity, and pipe-borne water, and sells developed residential land plots to individual buyers and investors in Sri Lanka's Western Province. The company supports these transactions with multiple payment options including outright cash, six-month interest-free installments, a five-year easy payment plan, and assisted bank loan financing through partner Sri Lankan banks.
Is Myland a public or private company?
Myland is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Myland founded?
Myland was founded in 2017. It employs 51 to 100 people.
Where is Myland based?
Myland is headquartered in Kadawata, Sri Lanka, in the Asia region.
How does Myland make money?
One revenue line is on record: land Sales.
Who are Myland's main competitors?
Broad incumbents on record are Overseas Realty (Ceylon) PLC, John Keells Properties, Fairway Holdings and Havelock City. Regional players are Citi Housing and Lalan Rubbers PLC. Direct peers are Blue Ocean Group of Companies, Millennium Housing Developers and Prime Lands Group. Property LK is listed as an others.
Does Myland have an API?
No public API is recorded for Myland.
What industry is Myland in?
Myland's product category is Residential Land Development. Its primary akta.pro industry code is BPAJADAJ, Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth), with a secondary code of FSAEAJAD, Land Brokerage (Raw Land & Development Sites). Its NAICS code is 23721 and its SIC code is 6532.