As part of Hulhumalé’s original masterplan, Aseria stands as a model for structured, sustainable urban development in the Maldives. This gated community represents a significant step forward in real estate, infrastructure, and investor confidence. With construction progressing steadily—over 40 foundations laid and slab work underway on eight homes—the development remains on track for completion by May 2027.
A Joint Venture Advancing Urban Living
Aseria is a result of a strategic joint venture between Batch Construction and the Housing Development Corporation (HDC), aimed at delivering high-quality residential infrastructure in Hulhumalé. The project reflects a collaborative approach between an experienced developer and a key institutional partner, focused on building sustainable, community-oriented urban spaces.
Guided by a well-defined governance framework, Aseria promotes strong compliance, streamlined decision-making, and effective risk management—foundations that support a more transparent, responsible, and resilient model of real estate development.
Secure Escrow System to Protect Buyers
In a move to prioritise transparency and accountability, all client payments are managed through a joint escrow account with Maldives Islamic Bank (MIB), overseen by HDC and Batch Construction. This mechanism ensures that funds are used solely for the development process, providing financial clarity and reinforcing buyer and investor trust.
Setting a New Standard for Buyer Confidence
In light of past challenges in the property sector, Aseria reflects a new era of accountability and transparency. Its structure protects investors and homeowners alike, setting a benchmark for responsible, high-integrity housing developments in the Maldives.
An Investment in the Nation’s Future
More than just a residential community, Aseria is a forward-looking investment in Hulhumalé’s continued transformation into a vibrant urban hub. The project contributes to a resilient and inclusive living environment, underscoring the growing potential of thoughtfully planned urban spaces in shaping the Maldives’ economic and social future.
