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Maldives lease islands in two atolls

Maldives government has announced to lease a number of islands in the atolls of Baa and Alif Dhaalu.   In a notice, the fisheries ministry listed Veyofushi and Hirundhoo in Baa atoll, and Hiyafushi and Kudadhoo in Alif Dhaalu atoll to be put up for lease (Varuva). The ministry stated that interested leasers may submit their bid applications by August 15 from 8:30 a.m. …

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 …

Kudarah resort bought by a Lankan company

Kudarah Resort managed by J hotels and Resorts has been bough by a Sri Lankan company. J Hotels and Resorts is a company owned by Abdullah Jabir. This resort was sold for 23 million dollars. That is around 356 million Rufiyaa. It was bought by a Lankan company named Luxury resorts. The resort will be reopened as Amaya Kudarah Resort Maldives.     Source: …

Invitation for bid to sell G.Sun East

Iulaan No: HDFC/IU/2016/11 Invitation for bids has been opened by the Housing Development Finance Corporation to sell G. Sun East. Building/House Details: Category: Personal Ownership Name: G. Sun East / K. Male’ Register no:  އ. 4355 Size: 700sqft Building: 9 Storey building Owner: Zulfa DhonKaleygefaanu, G. Sun East / K. Male’ Source: hdfc.com.mv

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 …

Flat winners announcing within this year – Minis...

Last Thursday Ministry of Housing announced that they will be selecting the winners among the people who have applied for Gedhoruverikurun program on 2014. Ministry also stated that the delay of announcing these 15,000 people who matched the criteria is due to unfinished assess of living standard.     Source: mihaaru.com

Batch Apartments

The road to success is always under construction. Batch Apartments, Marina View. Booking forms have been started issuing. Registration is opened on 18th July 2016. Forms are issued from Batch construction Head office: BATCH Construction Pvt Ltd 20276 Male’, Maldives Tel: 330 5544, 334 5544 Email: [email protected] Website: www.batch.com.mv Estimated project completion date is 24 months starting from 1st September 2016.

Land Reclamation and Dredging almost finished at Himma...

Land reclamation and dredging is almost finished on the south side lagoon in Himmafushi according to island council. This land is estimated to be 21.7 Hectare. The reclamation project was started on this month 4th by Van Oord Dredging and marine Contractors. Total of 130 million MVR is spent for land reclamation and revetment Himmafushi vice councilor Ahmed Shiraj stated that 95% of work …

Buying furniture for home? No better place then Asters

Want to buy furniture for your home at a cheap price? Then head out to Asters. Asters has introduced affordable good quality furniture for homes, in addition to the currently available product folio of stationary, Office supplies, Resort furniture and Electronic items. At Present there are ten different types of sofa sets available. Outdoor furniture and Dinning sets will be available in August while …

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