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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 …

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

Rent of storage space in Industrial Village expected t...

According to Housing Minister Dr. Mohamed Muizzu, ‘Now developing land of ‘Industrial village’ Storage space rent would be lower than normal rates within Male’ city. These storage facilities are to be up to 3 or 4 storeys high. Expects to start the construction works to start soon and complete within 6 months, by then rules and regulations to lease the land would be finished’. Minister also …

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

Real Estate Jul 19, 2016 0 Continue Reading

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 …

Residence Jul 18, 2016 0 Continue Reading

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

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 …

Price Jul 17, 2016 0 Continue Reading

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 …

Gedhoruverikurun – Housing scheme for Male’...

Male’ city is one of the most densely populated cities in the world. The lack of housing and housing congestion is one of the most pressing issues faced by the people living in Male’. The government, despite many efforts, has been unable to provide an effective solution to this predicament. The Male’ housing scheme aimed at the population of Male’ city through the Gedhoruverikurun …

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