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MTCC to build 25-storey affordable housing tower in Hulhumalé Phase 2
MTCC has invited expressions of interest to design, finance and build a 25-storey apartment complex in Hulhumalé Phase 2 under a design-build-finance model. Floors two to 25 are planned for affordable housing, with the ground and first floors for commercial use.
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25 storeysstoreys of apartment complexThe Standardto design, finance and build a 25-storey apartment complex in Hulhumalé.
Word for word from the report in The Standard. Open the report
12,015 square feetplot sizeThe StandardThe plot covers approximately 12,015 square feet, with an estimated built-up area of approximately 8,982 square feet.
Word for word from the report in The Standard. Open the report
8,982 square feetestimated built-up areaThe StandardThe plot covers approximately 12,015 square feet, with an estimated built-up area of approximately 8,982 square feet.
Word for word from the report in The Standard. Open the report
10 millionminimum real estate project value for financing capacityThe Standardapplicants must show proven capacity to secure debt and equity financing for real estate projects worth more than USD 10 million.
Word for word from the report in The Standard. Open the report