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Category Archives: Fahi Dhiriulhun Corporation

MVR 1.5 billion to be allocated in 2022 budget for hou...

Housing Minister Mohamed Aslam states the government plans on making an MVR 1.5 billion allocation on the state budget for 2022 on building housing units in inhabited islands outside the greater Male’ region. Aslam delivered the latest updates on government housing projects targeting the atolls while taking part in an MDP Rahvehi Fathis campaign event for R. Atoll on Tuesday night. “In Sha Allah, …

Monthly rent for council housing set at MVR 5,000-MVR ...

The Maldivian government has announced the monthly rent for council housing units in the towers being developed by Apollo Holdings as part of a government housing project in suburban Hulhumale’ will be within the range of MVR 5,000-MVR 7,000. Apollo Holdings has been contracted to build 1,000 units in nine towers in Phase I and Phase II of Hulhumale’. The units will be categories …

LABS Group Explores Opportunity to Tokenize One of Res...

LABS is the world’s first end-to-end real estate tokenization ecosystem to develop accessible and cost-efficient investment opportunities for all. LABS is on its way to building a one-of-a-kind investment ecosystem offering opportunities to its growing community. They actively partner with real estate developers and firms worldwide, tapping into the tokenized real estate investment market’s full potential. The company has announced a partnership with the …

Govt seeks parties to construct 14-storey residential ...

Fahi Dhiriulhun Corporation is seeking parties to construct two 14-storey buildings in capital Male’ to resolve housing issues in Male’. According to the corporation, the first building will be constructed at a 231,073 sqft land on block 307. The second building will be constructed on a 173,229 sqft plot on block 319. Both local and foreign companies interested in the project are invited to …

India’s JMC Projects contracted to build 2,000 h...

The Government of Maldives Monday signed an Engineering Procurement and Construction (EPC) agreement with India’s JMC Projects Limited for the construction of 2,000 housing units in Hulhumale’. The corporation established by the government to carry out housing projects, Fahi Dhiriulhun Corporation signed the agreement on behalf of the Maldives government. The agreement was signed by the corporation’s Managing Director, Salfiyya Anwar, while the Assistance …

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