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Category Archives: Residence

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 …

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 …

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