Govt to begin fllat handovers in July to avoid financial strain
Dr Muththalib explained that the state has already begun repaying loans taken for the housing project.
Housing Minister Dr Abdulla Muththalib has confirmed that 1,000 completed flats under the Gedhoruveriya housing scheme will be handed over to recipients in July. The decision comes in light of financial obligations the state has already begun to meet in relation to the project.
Speaking at a press conference held at the President’s Office on Thursday, Dr Muththalib stated that the completed flats will be allocated to recipients listed in the permanent register finalised by the previous government on 15 November 2023. No new list will be issued.
He added that only those verified as eligible will receive housing under the scheme. Individuals who have not lived in Malé for 15 years or who are proven ineligible will be excluded. Those who moved to Malé before 2007 will be considered continuous residents.
Dr Muththalib noted that while 1,000 flats have been completed, water and electricity connections are expected to be finalised by July. An additional 1,000 flats are scheduled for completion in July. Agreements for the flats will be signed after the upcoming Eid holidays, prioritising those units that are closest to completion.
"We believe those places will be occupied by July," said Dr Muththalib.
The Minister also stated that the agreements signed with recipients during the previous administration are not recognised by the current government. As a result, new agreements will be drafted and signed with those on the permanent list.
Responding to questions about the decision, Dr Muththalib explained that the state has already begun repaying loans taken for the housing project. Delays in occupancy would lead to additional monthly losses.
"The state will lose MVR 10 million for about 1,000 flats every month if people do not move in. The loan repayments have already started. It is a financial burden," he said.
He added that the decision to move forward with occupancy also takes into account social factors, including delays experienced by individuals awaiting housing opportunities.
