HDC announced it will monitor and take action against recipients who have illegally sublet state-owned flats under its management, including Hiyaa, Vinares, and Hulhumalé Phase 1. The move follows public outcry over Gedhoruveriya flats advertised for rent at MVR 25,000 per month, with FDC investigating and the government vowing to cancel agreements and reclaim units in violation.
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
We are monitoring whether the flats issued by the corporation have been subleased to other parties,
If any violations are identified, action will be taken against those parties as stipulated in the agreement
These properties were built with public funds to ensure affordable housing for Maldivian families,
We will not tolerate the exploitation of social housing for profit. All violators will face action as outlined in their agreements
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
were being advertised for rent at MVR 25,000 per month — more than twice the government-set rate.
Word for word from the report in The Standard. Open the report
The FDC has already initiated an investigation into the matter and reiterated that flats allocated under the Gedhoruveriya Scheme are not permitted to be rented or sublet under any circumstances.
Word for word from the report in The Standard. Open the report
