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...
World of Business to Complete Hulhumale’ City Hotel After STO Exit
After years of delays and shifting partnerships, the long-stalled Hulhumale’ City Hotel project is finally set to be completed under a...
Renaatus Irumathi: Redefining Oceanfront Luxury Living
In the ever-evolving realm of real estate, where the pursuit of an ideal home involves myriad considerations, Renaatus Irumathi emerges as a...
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...
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.
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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 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'...
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...
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 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...
Steady Progress Continues at Bayfancy Residence as Second-Floor Slab Casting is Completed
The construction of Bayfancy Residence is progressing steadily, with the project team completing the slab casting of the second floor and finalising...
Bayfancy: A Unique, Comfortable, and Luxurious Home in the Maldives
Bayfancy Residence, currently under development in Hulhumalé Phase 2, is set to offer a refined living experience that seamlessly blends Singapore-inspired architecture...
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President Muizzu Inaugurates Muli Airport in Meemu Atoll
President Dr Mohamed Muizzu officially inaugurated Muli Airport in Meemu Atoll today. Although the government initially planned to open the airport on...
Barceló Nasandhura Officially Opens as Malé’s First Five-Star Hotel
Barceló Nasandhura Malé, the first five-star hotel in the Maldivian capital, officially opened its doors on May 19, marking a new...
UN Raises Concerns Over Rule of Law in Maldives After Judges Removed
The recent dismissal of two Supreme Court justices by the Maldives Parliament has drawn sharp criticism from the United Nations, which...
Minister Saeed: Port Network Expansion Key to Economic Decentralisation
Economic Development and Trade Minister Mohamed Saeed has reaffirmed the government’s commitment to a nationwide expansion of commercial port infrastructure, signalling...
Maldives Joins Global Climate Push with New Energy Targets and Blue Planet Alliance Pact
The Maldives has strengthened its global climate engagement with a renewed focus on energy transition and international cooperation, marked by three...
