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HDC to sell 76 plots of land from Hulhumalé

According to Housing Development Corporation (HDC), the plots of land to be sold are from neighborhood 1 of the reclaimed area. The plots will be of two sizes: 1,000 square feet and 1,800 square feet. While the bidding process is set to begin on September 18, starting price has been set at MVR 3000 per square feet. HDC’s Managing Director, Mohamed Simon, told at …

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 …

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 …

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 …

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:

Damas – Isles Residence 2

Building on the success garnered through the development of Isles Residence – 1 in Hulhumale’, the project brand name expanded its focus to Male’ City, in the form of Isles Residence – 2. The project is currently under construction and aims to be completed by August 2016. Apartments in Isles Residence – 2 are currently up for sale. IR2 Application Form IR2 Price List …

Ministry of Housing – GDH. Hoadehoo Flat

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

Ministry of Housing – GN.Fuvahmulah Flat

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

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, …

Development Jul 02, 2016 0 Continue Reading

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