News
HDC to manage the handover and sale process for the 1680 Housing Units being developed as part of the Government's Social Housing program
20 December 2011
HDC has signed an Agreement with the Government of Maldives on the 19th of December 2011, whereby HDC will manage the handover and sale process for the 1680 Housing Units currently being developed.
Housing Development Corporation has drawn the winners of 10 garage units
31 October 2011
The event was held at HDC main office in Hulhumalé on the 30th of October 2011.
Hulhumalé
Hulhumalé is the most ambitious and striving land reclamation and urban development project undertaken by the Government of Maldives to date. The perception for the development and expansion of Hulhumalé was envisioned as a significant step in improving the quality and eminence of life of the population and revitalizing the Maldivian economy. It is also with the intention to serve as an effective solution to the mounting problems of congestion within the capital region as well as a resource to facilitate and assist the continual growth of the country’s two dominant economic sectors, fisheries and tourism.
Maldives
The Republic of Maldives consists of 1196 low lying islands stretched over 820 km north to south and 128 km east to west in the Indian Ocean, to the South West of its closest neighbors, India and Sri Lanka. The islands are grouped into 26 natural atolls which, for purposes of administration, are officially grouped into 20. Most of the islands are quite small and low-lying, with an average elevation of 1.6 m above mean sea-level.