Majestic City

Majestic City, traded as C T Land Development PLC, is a seven-storey commercial and shopping complex, located in Bambalapitiya, a suburb of Colombo, near the Bambalapitiya Railway Station.

Majestic City

Location	Bambalapitiya, Sri Lanka
Coordinates	6.893888°N 79.854722°E / 6.893888; 79.854722
Address	10 Station Road, Bambalapitiya
Opening date	4 April 1991; 34 years ago (1991-04-04)
Developer	C T Land Development PLC
Management	R. Selvaskandan (Chairman) J. C. Page (Deputy Chairman/Managing Director)
Owner	C T Land Development PLC
Architect	Gemunu Fernando - Design Group Five International (Pvt) Ltd
No. of stores and services	240
Total retail floor area	23,000 m2 (250,000 sq ft)
No. of floors	5, 2 below ground
Parking	135 approx.
Website	http://www.majesticcity.lk/
Company
Company type	Public
Traded as	CSE: CTLD.N0000
ISIN	LK0175N00006
Key people	Louis Page (Chairman) Joseph Page (Deputy chairman/Managing director)
Revenue	LKR146 million (2022)
Operating income	LKR4 million (2022)
Net income	LKR(16) million (2022)
Total assets	LKR4,978 million (2022)
Total equity	LKR3,993 million (2022)
Owner	C T Holdings PLC (67.9%)
Parent	C T Holdings PLC
Footnotes / references [1]

The complex is owned by C T Land Development PLC. The founding chairman of the complex was Albert A. Page. Majestic City incorporates a diverse range of shopping outlets (240), including a food court, supermarket, children's amusement centre, banks and the Majestic Cineplex.

Construction

The complex was designed by Gemmu Fernando of the Design Group Five International (Pvt) Ltd^[2] and constructed by Tudawe Brothers Limited. Construction of the three-storey 13,000 m² (140,000 sq ft) shopping complex, with 88 tenancies, developed around a central atrium was completed in 1991 and formally opened on 4 April.

The second phase of development, comprising a cinema, food court, amusement centre and additional tenancies commenced in May 1993 was opened on 4 December 1994. It was designed by Design Group Five International and constructed by Sanken Construction (Pvt) Ltd at a cost of Rs 171 million.^[3]

An LKR176 million renovation of the building was undertaken in 2008, which included modifications to the Galle Road entrance and the atrium, together with a refurbishment of the basement food court.^[4]

In 2010 the fifth level of the complex was refurbished, and three new cinemas were added, with the cinemas opening on 4 December that year.

In 2019 the owners of the centre announced that they would be commencing a Rs 450 million refurbishment of the complex, which is expected to be completed by June 2020.^[5]

Majestic Cineplex

Majestic City Platinum Cinema

Majestic Cineplex includes four cinemas managed by Ceylon Theaters (Pvt) Ltd, ^[6]

• MC – Platinum Cinema – 445 seats (located on level four, built in 1990 as a 2D cinema and refurbished/upgraded in 2013 to a 3D cinema using Dolby® 3D technology^[7]
• MC – Ultra Cinema – 150 seats (located on level five, built in 2012)
• MC – Gold Cinema – 50 seats (located on level five, built in 2012)
• MC – Superior 3D Cinema – 170 seats (located on level five, built in 2012. Sri Lanka's first 3D cinema)