HDC Opens Land Sales in Thilafushi for Maldivian Citizens

The Housing Development Corporation (HDC) has initiated land sales on Thilafushi for Maldivian citizens only. A total of 108 industrial plots are available in Zone A, Area B, categorized by size: Type 1 (64 plots, 2,500-4,999 sq ft), Type 2 (42 plots, 5,000-9,999 sq ft), Type 3 (2 plots, 10,000-14,999 sq ft). The sale involves an Expression of Interest and bidding process, with a minimum bid of MVR 1,700 per sq ft. Current leaseholders of Phase I plots (at least 5,000 sq ft) can purchase their leased land. Thilafushi is being developed as a primary industrial and business hub in the Malé region.

The Housing Development Corporation (HDC) has initiated land sales on Thilafushi for Maldivian citizens only. A total of 108 industrial plots are available in Zone A, Area B, categorized by size: Type 1 (64 plots, 2,500-4,999 sq ft), Type 2 (42 plots, 5,000-9,999 sq ft), Type 3 (2 plots, 10,000-14,999 sq ft). The sale involves an Expression of Interest and bidding process, with a minimum bid of MVR 1,700 per sq ft. Current leaseholders of Phase I plots (at least 5,000 sq ft) can purchase their leased land. Thilafushi is being developed as a primary industrial and business hub in the Malé region.

The Housing Development Corporation (HDC) has initiated land sales on Thilafushi for Maldivian citizens only. A total of 108 industrial plots are available in Zone A, Area B, categorized by size: Type 1 (64 plots, 2,500-4,999 sq ft), Type 2 (42 plots, 5,000-9,999 sq ft), Type 3 (2 plots, 10,000-14,999 sq ft). The sale involves an Expression of Interest and bidding process, with a minimum bid of MVR 1,700 per sq ft. Current leaseholders of Phase I plots (at least 5,000 sq ft) can purchase their leased land. Thilafushi is being developed as a primary industrial and business hub in the Malé region.

This story involves 1 source and may affect public understanding of industrial development / land sales.