Housing Minister Abdulla Muththalib said nearly 37,000 applications, including drafts, have been recorded for the government's first housing scheme, with the submission window closing at the end of the month. He outlined ongoing and pipeline projects, including 3,260 units under construction in the Greater Malé region and planned developments in Gulhifalhu.
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with nearly 37,000 applications — including draft submissions — recorded for the government’s first housing programme under the current administration, according to Housing Minister Abdulla Muththalib.
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the minister said 20,000 applications have already been completed, while a further 17,000 remain in draft form as the deadline for submissions approaches at the end of this month.
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the minister said 20,000 applications have already been completed, while a further 17,000 remain in draft form as the deadline for submissions approaches at the end of this month.
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These included 1,500 units developed during former President Mohamed Nasheed’s tenure, as well as more than 10,000 flats delivered under former President Abdulla Yameen’s administration
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as well as more than 10,000 flats delivered under former President Abdulla Yameen’s administration — a period he described as the most productive in terms of housing output.
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He added that 4,000 housing units initiated by the previous government have also been completed under the current administration.
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The minister said physical construction has already begun on 3,260 housing units in the Greater Malé region.
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540 units financed by the Bank of Maldives
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500 units to be developed through interest-free financing
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400 units backed by the Saudi Fund
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4,000 units planned in Gulhifalhu under an Indian Line of Credit
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The proposal, covering around 2,000 units, is currently under review by the Economic Council, with discussions also underway for an additional 1,000 units.
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The proposal, covering around 2,000 units, is currently under review by the Economic Council, with discussions also underway for an additional 1,000 units.
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while a further 17,000 remain in draft form as the deadline for submissions approaches at the end of this month.
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