Outstanding rent deferred for 704 Hulhumale flats

The Planning Ministry had earlier said that 41-31% of people do not pay rent and no action has been taken against such people so far.

7 February 2023

Private developers' 2,000 flats progressing at slow pace

While the government has said that people will be able to access some flats in 2023, the pace of most projects is slow.

3 November 2022

Nasandhura developer defaults on local supplier payments

"It's a huge loss to have continued debt like this. The company is not responding at all now."

28 February 2023

HDC mandates price freeze for 60% of private flat developments

If any additional fee or add-on is charged, the unit buyer will sign a form stating that there is no objection.

19 February 2023

Buyers of unfinished luxury apartments lodge police complaint

The police complaint was lodged on charges of cheating and taxing the company for misappropriating the money of those who bought the apartments.

28 January 2023

Talks with contractors on incomplete flats underway: HDC

Work on 'The Gardens' apartments being built by Jaah Investments in Hulhumale has been stalled for the past five years.

19 February 2023

India witnessing 'mad rush' for luxury housing

Mercedes sold a record number of high-end cars in India last year and luxury goods are in high demand too.

7 March 2023

Passports of one more local, foreigner seized in K-Park fraud

A police spokesman confirmed that the passports of two others have been confiscated.

11 May 2023