Housing Development Corporation (HDC) is seeking contractors to build 14-storey mixed-use apartment buildings in seven land plots in Hulhumale’ Phase I.
HDC stated that the buildings will consist of middle-income apartments with two to three rooms and 700-900sqft, and will be built on land plots spanning 26,000-34,000sqft. The ground floor of the buildings will be dedicated to businesses.
Interested parties are required to submit their proposals to no more than three land plots and will be invited to a pre-proposal meeting on May 24. Proposals can be submitted via the online portal of the HDC from June 7-23.
Furthermore, HDC stated that contractors will be required to complete the development of the buildings within three years and that the price of 60% of the two-room apartments should be no more than MVR 1.5 million and the price of the three-room apartments should be no more than MVR 2.5 million.
HDC has revealed the current housing projects and the planned projects for Hulhumale’ involves the development of a total of 11,000 housing units. The company is currently conducting projects to build luxury flats and middle-income flats in Hulhumale’ as part of the efforts to resolve the housing issues in the Greater Male’ Region.
