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...
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...
Corporate Maldives Launches Real Estate Segment, Targeting Commercial & Tourism Real Estate Opportunities
Corporate Maldives, in partnership with Cosmos Consulting Group, has launched a Real Estate segment, a specially curated platform showcasing the newest and...
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...
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...
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...
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 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...
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...
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 Presents Keys to Vinares Flats
Yesterday evening, Urbanco formally presented the keys for the Vinares Housing Project flats during an Hulhumale’ Phase II event.
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...
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...
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...
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.
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...
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...
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'...
Bayfancy Residence: A Distinctive Approach to Public Amenities
As the lift arrives at the 17th floor, approximately 60 metres above ground, the doors open to reveal a community space unlike...
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...
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...
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...
Bayfancy Residence: Smart Living with a Personal Touch
Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...
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A newly published report by the United Nations in the Maldives has drawn attention to key shortcomings in the country’s social...
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President Dr Mohamed Muizzu has shared the Government’s current approach to developing the Maldives’ health sector, with a mix of infrastructure...
Shahid Calls for Global South Leadership in New World Order
Abdulla Shahid, the former Maldives Foreign Minister, has argued that the time has come for developing nations to take a leading...
