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Development of 2,500 Housing Units under Social Housin...

    REQUEST FOR EXPRESSION OF INTEREST    Development of 2,500 Housing Units under Social Housing Unit Scheme The Ministry of Finance and Treasury of the Government of Republic of Maldives, desires to develop 2,500 housing units at Hulhumale’ under Social Housing Unit Scheme through developer financing and  now invites local and foreign eligible contractors to indicate their interest in the Development of 2,500 Housing Units …

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 …

MTDC sells Niyama Maldives resort for USD 23.3 million

Maldives Tourism Development Corporation (MTDC) announced the sale of Niyama Maldives, the resort managed in the islands of Enbudhufushi and Olhuveli in Dhaalu atoll, for USD 23.3 million (MVR 359.2 million). In a statement, MTDC declared that its board of directors has decided to sell the chief lease rights of the resort to O Plus E Holdings Pvt Ltd, the resort’s developer and current operator. …

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 …

New resort in Baa atoll to be unveiled in August

“Dhigufaru Island Resort” being developed in the island of Dhigufaruvinagandu in Baa atoll is to be unveiled August 15. The resort situated in Baa atoll’s UNESCO Biosphere features 30 beach villas and 10 semi villas. It is the first resort to be developed by Dhigufaru Investment Pvt Ltd of which local firm Static Company Pvt Ltd is a shareholder. With the opening of the …

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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