4,000 flats to reach completion by 2024: Ministry
Two Indian companies have been contracted to build the 4,000 flats.
Housing ministry announced on Tuesday that all the flats being constructed by the government in Hulhumale Phase 2 will be completed by 2024.
State-run Fahi Dhiriulhun Corporation (FDC) has started a project to build 4,000 housing units in Hulhumale Phase 2. The progress of the project was shown to the press Tuesday afternoon where and the ministry and the FDC had assured that the Gedhoruveriya scheme flats would be completed by 2024.
Two Indian companies have been contracted to build the 4,000 flats.
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India's JMC Projects has been awarded 2,000 units at a cost of $137 million
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India's NBCC has been awarded a $130 million contract to build the remaining 2,000 units
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17 or 18-storey towers are being built
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32 towers to be constructed; each tower will have 128 apartments
These housing units include:
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1,200 two-bedroom apartments; 650 square feet in each apartment
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2,800 three-bedroom apartments; 900 square feet in each apartment
The project is being executed in a phased manner. Work on different towers is going on at different paces. While some towers have started work on the second floor by installing pillars, there are other towers where sheet piling has not started.
Commenting on the progress of housing units, FDC's Manager, Business Development and Corporate Affairs Ahmed Shamul Abdulla said:
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16% of work at towers being constructed by JMC have been completed
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13.5% of work at NBCC towers completed
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Work on some towers to be completed by next year
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All the towers under the Gedhoruveriya scheme will be completed by 2024
More than 20,000 applicants had applied for the 4,000 flats under the housing scheme for natives and long-term residents of Male.
According to the housing ministry, the verification process of the application forms will be completed by the end of this year.
