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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 …

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 …

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 …

3000 Housing Unit Development work hand over to Coral ...

The development of 3000 Housing units and Office complex has been handed over to a Sri Lankan company ‘Coral Holdings’. Sealife Complex are located near Hulhumale’ Central park on lot number N355, N356 and N35. Each of these blocks has two Buildings. Coral Property Developers, is a privately-held building construction firm based in Colombo, Sri Lanka. CORAL PROPERTY DEVELOPERS manages, develops and acquires Commercial and …

Pre Online Booking Opened – Ensis

Ensis Fisheries has opened Pre online bookings for 94 Mix use residential Apartment complex. These seaview apartments consists of 3 Room 45 apartments with maid room, 2 Room 26 Apartments with maid room, 1 Room 13 Apartments and 10 Pent houses ** For Online pre booking please visit www.nirutha.com  and fill out the form given.

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 …

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

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 …

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