The Maldives’ First Gated Community: A Glimpse into Aséria
The Maldives is entering a new era of residential living with the introduction of Aséria Homes and Townhouses. Situated at the northeastern...
Bayfancy Residence to Feature Advanced Pile Foundation for Long-Term Durability
Bayfancy, a Singapore-based real estate development company operating in the Maldives, is constructing its new luxury residential project in Hulhumalé using pile...
28 Years of Building Success: SJ Construction Marks Anniversary
SJ Construction marked its 28th anniversary today, celebrating nearly three decades of excellence in the Maldivian construction and real estate sector. Established...
Technical Glitches Prompt Cancellation of Vinares Apartment Applications
The Government of Maldives has announced the cancellation of all applications submitted for the purchase of Vinares apartments through the dedicated online...
BOC Offers Leasehold Rights to Drift Thelu Veliga Retreat
The Bank of Ceylon (BOC) has announced it will sell the leasehold rights to the Drift Thelu Veliga Retreat, a five-star resort...
Urbanco Announces Sale of Remaining Vinares Flats in Hulhumale’ Phase II
Urbanco has decided to open doors for potential buyers interested in the unsold units of the Vinares housing project located in Hulhumale'...
MPL Revises Rent Structure for New Port Residence Flats
Maldives Ports Limited (MPL) has made a revision to the rent for the recently constructed apartments located in Hulhumale’ Phase II under...
Urbanco Presents Keys to Vinares Flats
Yesterday evening, Urbanco formally presented the keys for the Vinares Housing Project flats during an Hulhumale’ Phase II event.
Urbanco Unveils Plans for 16 Residential Buildings in Hulhumale’
Urbanco has formally announced the construction of 16 new residential buildings in Hulhumale', during the Maldives Living Expo, where land was officially...
Government to Commence Land Allocation under Binveriyaa Scheme
President Ibrahim Mohamed Solih confirmed that the government will start allocating land plots to the eligible recipients of its Binveriyaa Scheme from...
Specialised Housing Bank Introduced with 6% Interest Rate Cap
President Ibrahim Mohamed Solih, in a pledge ahead of his re-election bid on September 9, announced the establishment of a specialised bank...
Housing Ministry Releases Provisional List for ‘Gedhoruveriya’ Scheme
The Ministry of National Planning, Housing and Infrastructure has released a preliminary list of applicants for flats under the 'Gedhoruveriya' Scheme in...
BML Extends Home Purchase Loan Repayment Period to 25 Years
Bank of Maldives (BML) has recently announced an extension to the repayment period for new home buyers' loans and financing. As of...
MTCC Signs with Planning Ministry for Development Projects in Five Islands
Maldives Transport and Contracting Company (MTCC) has inked agreements with the Ministry of National Planning, Housing and Infrastructure for development projects across...
Urbanco and Amir Mansoor Investment Partner to Launch Overwater Restaurant in Hulhumalé Phase 2
Urbanco, a renowned development company, announced a partnership with Amir Mansoor Investment to launch an exquisite overwater restaurant near Bridge 1 in...
Second Phase of Gulhifalhu Reclamation Project Underway
The second phase of the Gulhifalhu Reclamation Project has officially commenced, with the project's inauguration ceremony attended by the President.
Government Releases Initial List of Beneficiaries for ‘Binveriya’ Housing Scheme
The government has published an initial list of individuals who will receive land plots in the 'Binveriya' housing scheme. The list was...
2 Resorts Sold by Universal Were Bought by a U.S. Investment Firm
Universal Enterprises, one of the largest companies in the Maldives, has announced that two of its properties sold last month — Sheraton...
Villingili Resort & Spa Has Been Opened for Acquisition
Villingili Resort & Spa, previously ‘Shangri-La’s Villingili Resort and Spa’ – a luxury resort and one of the largest single-resort islands in...
Two Resorts with Universal Shares to be Sold!
Two resorts with Universal shares have been sold.
K. Furanafushi and AA. Fesdhoo are two resorts owned by Universal...
SBI Announces Sale of Sh. Dholhiyadhoo and M. Gasveli Resort
State Bank of India (SBI) has announced the sale of Sh. Dholhiyadhoo and M. Dream Gasveli Resort.
Dholhiyadhoo, operated...
JLLH & HG Announces the Sale of Five Vacant Islands of Crossroads Maldives
Singaporean real estate company JLL Hotels and Hospitality Group has been mandated for the collective or individual sale of five islands of...
Tourism Ministry Announces New Islands on Bid for Resort Development in Outer Atolls
The Ministry of Tourism has invited eligible investors, local or foreign, to submit their interest to develop tourist resorts in uninhabited islands...
HDC Announces Lease of Commercial Units from The Apollo Towers for Retail Stores
Housing Development Corporation (HDC) has opened Request for Proposal (RFP)s for the lease of 6 commercial units from The Apollo Towers (Lot...
LATEST ARTICLES
Maldives and Sri Lanka Discuss Joint Tourism Initiative
The Maldivian and Sri Lankan governments have discussed the possibility of a collaborative tourism initiative aimed at strengthening economic and diplomatic ties...
MMA Introduces MVR 5 Million Fund to Boost Islamic Finance Education
The Maldives Monetary Authority (MMA) has launched the Tamveel Islamic Finance Initiative to enhance public awareness and provide specialised training in Islamic finance. The...
Fishermen Register to Improve Financial Access and Social Benefits
The government’s newly established fishermen membership register will provide crucial social protection and financial opportunities for local fishermen, Minister of Fisheries and...
Digital Connectivity Vital for Small Islands, Says Maldives’ Foreign Minister
The Maldives has stressed the critical role of digital connectivity in advancing education, healthcare, and industry for Small Island Developing States (SIDS),...
Maldives and Bangladesh Discuss Labour, Trade, and Education Ties
The Chief Adviser of the Interim Government of Bangladesh has called on the Maldivian government to regularise undocumented Bangladeshi expatriates and to recruit more workers from...
