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...
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...
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...
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.
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...
Lh. Kanuhura Resort to Be Sold Off!
Kanuhura Resort, located in Lhaviyani atoll, has been put up for sale.
The Ministry of Tourism yesterday announced that...
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...
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...
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...
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.
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...
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...
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...
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...
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...
5 Things You Need to Know About Commercial Real Estate
Owning a commercial real estate property might prove to be one of the most lucrative investments that you’ve ever made. This sector...
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...
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...
LATEST ARTICLES
Urbanco Restricts Electric Vehicles on Hulhumale’ Channel, Jet Skis Exempted
Urbanco has revealed its latest directives regarding the use of the channel situated between Phase 1 and Phase 2 of Hulhumale'. In...
Dhiraagu Unveils Plug-and-Play 5G Turbo WiFi
Dhiraagu introduces Dhiraagu plug-and-play 5G Turbo WiFi, customers can now enjoy reliable, high-speed 5G connectivity at home and anywhere they go.
Seafarer Identification Documents Now Available for Collection at Velaanaage
Maldives Immmigration has announced starting today, the issuance of Seafarer Identification Documents (SIDs) has begun. Applicants who have already submitted their requests...
Government Records Revenue Growth Exceeding MVR 23.9 Billion in 2023
According to the Finance Ministry, the government's revenue for this year has reached an impressive MVR 23.9 billion, a substantial increase compared...
MTCC Announces Extension of RTL Bus Service to HDh. Kulhudhuffushi City
The Maldives Transport and Contracting Company (MTCC) has officially extended its RTL bus service to HDh. Kulhudhuffushi City, last night. The service...
