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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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'...
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...
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.
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...
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...
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...
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...
LATEST ARTICLES
Hoandedhdhoo Council Opens Bids for Major Sustainable Agricultural Project on Kannigillaa Island
Hoandedhdhoo Council has announced the launch of a large-scale sustainable agricultural project on Kannigillaa, an uninhabited island in Gaafu Dhaalu Atoll. Bidding...
MMPRC Launches Nationwide Landmark Design Competition to Showcase Maldivian Heritage
The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a nationwide competition inviting Maldivians over the age of 18 to design...
Tourism Revenues Propel Maldives’ Fiscal Year as Infrastructure Investments Surge
The Maldives government’s financial report for the period ending 24 October 2024 reveals a persistent budget deficit, with expenditure outpacing revenue. Cumulative...
Future Summit 2024 Outlines Path for Sustainable Tourism in Maldives
Held at Kurumba Maldives, the Future Summit 2024 brought together over 150 industry leaders, government officials, and tourism experts to discuss the...
Maldivian Resumes Scheduled Flights to Kooddoo Airport Post-Runway Renovations
Maldivian, the national airline of the Maldives, has resumed scheduled flights to Kooddoo Airport following recent runway renovations. The route, connecting Gaafu...
