Housing Development Corporation (HDC) has issued an invitation for bids for a project to develop and sell residential apartments in Hulhumale’.
HDC is offering 10 land plots in Hulhumale’ for the project which includes 2 plots in Hulhumale’ Phase I and 8 plots in Hulhumale’ Phase II. The size of the plots ranges from 1,657 square feet and 3,838 square feet.
The apartments developed under the project will be two-bedroom and three-bedroom apartments. Two-bedroom apartments must be at least 700 square feet, while three-bedroom apartments must be at least 900 square feet. Moreover, developers are required to complete the basic finishing, facilities and parking in compliance with HDC’s guidelines.
The minimum bid price for the plots range from MVR 1,868 and MVR 2,731. Interested parties can submit proposals by 02:00 pm on June 9. A virtual pre-proposal meeting will be held at 01:00 pm on May 12.