Indian conglomerate, The Krrish Group, plans to build a US$650m (£418m, €491m) mixed use development in the colonial district of Sri Lanka's capital, Colombo.

The company has enlisted the help of French architect Edouard Francois to design the project, called Krrish Square. It will cover an area of 450,000sqm (4,8m sq ft) surrounding a historic British colonial building in the heart of the city.

The design includes three towers rising 420m, 320m and 230m respectively (1,377ft, 1,049ft and 754ft) which will be linked by two sky-bridges. The project will include a hotel, cinema, spa, offices, apartments, commercial centre, salon and fitness cente. The hotel will peak at an altitude of 400m (1,312ft). Francois said his design was inspired by the British colonial building which forms the nucleus of the project.

The Krrish Group is currently negotiating with international high-end brands which are interested in the project, including finding an operator for its luxury hotel. Construction is expected to begin at the end of the year with completion set for 2016.