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MVR 5,000 to MVR 100,000

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Category Archives: Residence

Maldives seeks master plan proposal for iHaven

The Maldives government is seeking local and international firms to propose a master plan for iHaven, the integrated project to be operated in the northernmost Ihavandhippolhu atoll of the archipelago. In a notice, the economic ministry invited local and international firms to submit their proposals for the iHaven master plan, in accordance with the project’s Terms of Reference, by August 24. The shortlisted companies …

BML to provide home loans to pensioners

Bank of Maldives has signed an agreement with the Maldives Pension Administration Office (MPAO) to accept retirement savings as equity for home loans. This will pave the way to make home finance more accessible and more affordable for Maldivian individuals and families who, until now, have found it difficult to meet the initial equity down payment required. BML Home Loan applicants will now be …

Win a Rental free Apartment for a Year!

Introduce a friend, win an apartment! Just SMS ‘Refer’ to 5959 and give this code to the 7xxxxxx friends who wants to join Ooredoo Promotion is valid until 31st August 2016. Terms and conditions apply.     Source: ooredoo.mv

3000 Housing Unit Development work hand over to Coral ...

The development of 3000 Housing units and Office complex has been handed over to a Sri Lankan company ‘Coral Holdings’. Sealife Complex are located near Hulhumale’ Central park on lot number N355, N356 and N35. Each of these blocks has two Buildings. Coral Property Developers, is a privately-held building construction firm based in Colombo, Sri Lanka. CORAL PROPERTY DEVELOPERS manages, develops and acquires Commercial and …

Booking Opened for Luxury Apartments in Apollo Towers

Apollo holdings has opened booking for the Apollo tower’s luxury apartments which are been developing in Hulhumale’. Located in-front of Yacht marina this 200 million investment was inaugurated by Vice President Abdulla Jihad and Apollo Holdings Managing director Abdul Muhsin. According to Apollo Holdings ‘People who shows interest in purchasing has to pay a booking fee amount of 50,000 MVR. And these luxurious apartments …

Pre Online Booking Opened – Ensis

Ensis Fisheries has opened Pre online bookings for 94 Mix use residential Apartment complex. These seaview apartments consists of 3 Room 45 apartments with maid room, 2 Room 26 Apartments with maid room, 1 Room 13 Apartments and 10 Pent houses ** For Online pre booking please visit www.nirutha.com  and fill out the form given.

Development of Apartments handed over to Ensis

Housing development corporation (HDC) has appointed the development of 94 Mix use residential Apartment complex on Hulhmale’ water front area to Ensis Fisheries. This agreement was signed by Managing director of Housing development corporation Mohamed Simon and Managing director of Ensis fisheries Mohamed Waseem. According to the company the Seaview apartments consists of 3 Room 45 apartments with maid room, 2 Room 26 Apartments …

Contractor Agreement Signing – Sea Life Global

Contractor agreement signing to initiate the construction of Sea Life Global Pvt Ltd’s flats in Hulhumale will be held tomorrow (31.07.2016) night  at 8:30 pm at Dharubaaruge Rannabandeyri Maalam. According to the Company’s Managing Director Mr. Ahmed Moosa Mohamed, they will be Signing the contracts to start the first phase of the Project to build the housing units in Hulhumale’ N3.     Source: …


  Residential Developments Given the huge demand for housing in the greater Male’ region and the vision to relieve the congestion at the capital Male’, the need for residential developments is one of the main focus in developing Hulhumale’. Thus, out of the 240 hectares of Phase II, 42% (approximately 781,463 sqm) is allocated for residential developments with a target population of 140,000. These …

Housing issues in Maldives

Video: Gedhoruverikurun   To anyone who resides in or who is even vaguely familiar with the socioeconomic situation in the Maldives, housing is almost universally seen as one of the most pressing problems both in the capital and in the atolls. The continuing concentration of the population in Malé, the ongoing decline in land availability, threats of land loss due to climate change, the ongoing …

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