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Boahiyaa News

Ministry of Housing – GDH. Hoadehoo Flat

GDH. Hoadehoo Flat Dhookurun – Category A, B and Usool     Source: housing.gov.mv

Ministry of Housing – GN.Fuvahmulah Flat

GN.Fuvahmulah Flat Dhookurun – Category A, B and Usool     Source: housing.gov.mv

HDFC – Application forms

Application Form for HDFC Normal Loan Scheme Main Applicant  Co-applicant(s) Application Form for HDFC Amna facilities Main Applicant Co-applicant(s)   Source: hdfc.com.mv

HDFC – General requirements

Should be a Maldivian above 18 years of age who has a land to mortgage and could full fill specific term and condition set by HDFC as below. Terms and conditions    i) Must have a minimum of one co-applicant who has a legal connection to the property, by inheritance/marriage (40% of the pooled income considered for EMI), or with an independent guarantor acceptable to …

Multi-Storey buildings to be constructed in Industrial...

Housing Ministry said the Ministry had no intention of allowing private developers to construct building in the Industrial Village. The Ministry said land from the Village will be leased after constructing multi-storey buildings. Housing Minister Dr. Mohamed Muizz said multi-storey buildings will be constructed in the area. He said that priority will be given to workshops using chemical and sprays, deemed as health hazards. …

HDFC – Understanding Mortgage Loan Amortization

The amortization period refers to the length of time over which the installment payments towards principal are calculated. For example, an amortization period of 15 years means that, for purposes of calculating the loan payment, your payment towards principal will be spread out over 15years, with the total amount of principal (i.e. the loan balance) being paid off at the end of that 15 …

HDFC – Islamic Finance Facilities

Products  Tenure Equity Grace Period Home Costruction (Isthisnau) This facility is a Sharia compliant financing facility to construct a House or an Apartment for the purpose of residential/rental to be occupied by owners/ co-owners/tenants. Under this facility the project will proceed jointly with the client and HDFC. Client will provide land and HDFC will provide funding under Islamic financing model of profit-share where finance …

HDFC – Getting ready for HDFC finance facility

To get ready for a housing finance facility you must gather sufficient and appropriate information from HDFC customer service, and must be prepared to barrow, accepting the terms and conditions set by the lender. To make your application successful you may have the following; Have a right credit score or a good credit rating Misinformation can hurt your credit score and get your application …

Housing Development Corporation – Upcoming Resid...

With the residential neighborhoods of Hulhumalé Phase I nearing completion, a number of residential units (plots, flats and row houses) have been allocated to the public. In addition to the social housing schemes, HDC has been working with various developers to provide different types of residential units. The following are the ongoing residential development projects in Hulhumale’ Phase I: Apartment Complex Development Project: In …

Housing Development Corporation – Hulhumalé Cent...

  The opening of Leisure zone on 22 May 2016 marked the successful completion of the first zone and the official opening of Central Park for the first time. In addition to the Leisure Zone, the park will have Fountain, Recreational and Interactive Zones. In all modern cities throughout the world, Central Park is considered as the recreational landmark development. Likewise, the Hulhumale’ Central …

Housing Development Corporation – Hulhumalé for RESIDE...

Hulhumalé offers investment opportunities in the areas of commerce, education, health, housing, recreation, tourism, fisheries, and a number of other related areas. Services available  Education Ghaazee School, Lalé Youth International School and Rehendhi School are the schools that are currently operating in Hulhumalé Ghaazee School is a fully functional integrated primary and secondary school gifted given by the Government of Singapore and the Singapore …

Housing Development Corporation – Hulhumalé for ...

Hulhumalé offers investment opportunities in the areas of commerce, education, health, housing, recreation, tourism, fisheries, and a number of other related areas. Application form Register Phase I Developments Phase II Developments Youth City Developments Investors Given the fact that the Phase I of Hulhumalé is fast reaching its population goals, investment opportunities into Hulhumalé have never been ever so promising. Planned developments into tourism, …

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