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Hulhumalé Phase 3 plots ready for handover under Binveriya scheme

Hulhumalé Phase 3 plots ready for handover under Binveriya scheme

Final preparations are underway to hand over land plots in Hulhumalé Phase 3 to beneficiaries of the 'Binveriya' housing scheme. The Housing Development Corporation (HDC) confirmed that administrative and technical processes are being completed with the Ministry of Housing, Land and Urban Development. The Phase 3 reclamation project, covering 63 hectares, was completed on January 25 after being revived under the current administration and awarded to MTCC. The Binveriya scheme allocated over 1,300 plots, with 698 in Phase 3. Beneficiaries had raised concerns over delays. Authorities state the accelerated completion has now cleared the way for handovers.

Final preparations are underway to hand over land plots in Hulhumalé Phase 3 to beneficiaries of the 'Binveriya' housing scheme. The Housing Development Corporation (HDC) confirmed that administrative and technical processes are being completed with the Ministry of Housing, Land and Urban Development. The Phase 3 reclamation project, covering 63 hectares, was completed on January 25 after being revived under the current administration and awarded to MTCC. The Binveriya scheme allocated over 1,300 plots, with 698 in Phase 3. Beneficiaries had raised concerns over delays. Authorities state the accelerated completion has now cleared the way for handovers.

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Source

The Standard

Published

Mar 26, 2026

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Final preparations are underway to hand over land plots in Hulhumalé Phase 3 to beneficiaries of the 'Binveriya' housing scheme. The Housing Development Corporation (HDC) confirmed that administrative and technical processes are being completed with the Ministry of Housing, Land and Urban Development. The Phase 3 reclamation project, covering 63 hectares, was completed on January 25 after being revived under the current administration and awarded to MTCC. The Binveriya scheme allocated over 1,300 plots, with 698 in Phase 3. Beneficiaries had raised concerns over delays. Authorities state the accelerated completion has now cleared the way for handovers.

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