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Category Archives: HDC

Patina Maldives, Fari Islands to open on May 18

The flagship property of Patina Hotels and Resorts, Patina Maldives, Fari Islands is scheduled to open on May 18, 2021. The property is located on the Fari Islands archipelago in North Malé Atoll of the Maldives and is a 45-minute speedboat ride from Malé International Airport. The resort will offer 90 contemporary one- to three-bedroom Beach and Water Pool Villas, alongside 20 Fari Studios …

Housing Minister reveals size of Gulhifalhu land plots

Housing Minister Mohamed Aslam has stated that the size of the 1,200 land plots issued from reclaimed lagoon, GulhiFalhu will be small in size. Answering reporters’ questions at a press conference held at the President’s Office on Wednesday, Minister Aslam said the land area of the plots issued from Gulhifalhu would be 600 sqft. Noting that Gulhifalhu is a venue to develop a commercial …

Monthly rent of Hiyaa flats will be MVR 7,500: Housing...

Housing Minister Mohamed Aslam has stated that the recipients of the social housing flats under the ‘Hiyaa’ project have the option to pay the down payment for their units over several years. Speaking at a press conference held at the President’s Office on Wednesday, Aslam said those who have difficulty in paying the down payment can still move into their apartments when the apartments …

Sun, Sand, Sea and City

HDC proposes development of a tourism island. Hulhumale From the blue waters across the coast of Male’ rose a city like nothing we’ve ever seen before. A city that brought hope, and a promise of a bright future. The city of Hulhumale’ was the answer to enable urban expansion and to bring some relief to the overcrowded city of Male’, which had already become …

Do We Really Need to Develop More One-Bedroom Apartmen...

Adequate housing, or lack thereof, is one of the most pressing issues plaguing Maldivian citizens today. As the government and relevant parties work to find a solution to this problem, it would be prudent to consider not just how much housing is necessary, but the types of housing as well. Apartment buildings are arguably the easiest and most efficient way to house large numbers …

Agreement Signed to Build 2,000 Housing Units in Hulhu...

An agreement has been signed to construct 2000 social housing units in Hulhumale’ Phase 2. It was signed last Tuesday between the Maldivian government’s Fahi Dhiriulhun Corporation (FDC) and India’s National Buildings Construction Company (NBCC). As per the agreement, NBCC is to design and construct the 2,000 social housing units in the capital’s reclaimed suburban district. The project includes the construction of 1,400 units …

HDC to Conduct a Research to Determine Housing Market ...

Housing Development Corporation (HDC) has decided to conduct research to determine the situation of the housing market in the Maldives, in order to provide shelter to its people. According to HDC, an MOU has been signed with the Maldives National University (MNU) to conduct research on the current housing market of the country. HDC also stated that, in association with MNU, the corporation will …

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