Ministry of National Planning, Housing and Infrastructure has stated that the flats being developed in Hulhumale’ Phase II by Fahi Dhiriulhun Corporation Limited (FDC) will be given to the 4,000 applicants who receive the highest marks.
Speaking to PSM News, Minister of State Akram Kamaluddeen said that the list will be ordered based on the marks received by the recipients and the government will hand over flats to recipients starting from the top of the list. He added that the ministry has not yet determined when the list would be finalised and handed over to FDC.
Under the Gedhoruveriya scheme, FDC signed the loan agreements for the construction of 4,000 new housing units in Hulhumale' Phase II with two Indian companies in September 2021. As such, 2,000 housing units are being developed by NBCC India Limited, and another 2,000 housing units are being developed by JMC Projects (India) Limited. A total of 32 towers that are 17–18 storeys high are being developed as part of the project.
The construction of 13 of the towers, which consist of 1,600 housing units, is progressing quickly, and the government aims to complete and allow tenants to begin living in one of the towers by the end of the year. The flats will consist of two-bedroom and three-bedroom units. The two-bedroom units will have an area of 650sqft, while the three-bedroom units will have 900sqft
Currently, the concrete works of six towers have been completed while 60% of the finishing work of the four towers has been completed. The entire project is expected to be completed next year.