Parent firm assures K-Park project continuation

Assuring that it will protect the rights and interests of its customers, the company said it is prioritising the completion of the project as soon as possible.

3 May 2023

Police ask scammed K-Park flat buyers to come forward

A press release issued by the police on Saturday evening said that an investigation has been initiated and is underway.

8 May 2023

Disgraced K-Park Mamdooh's partner at Urbanco suspended

Urbanco said that the allegations against Nafiu will be investigated by the police and the company's internal audit.

11 May 2023

15 plots up for sale from Hulhumale; Urbanco to get MVR 170m

If these 15 plots are sold even at the starting price, Urbanco will get a total of MVR 170.8 million.

7 April 2023

K-Park Mamdooh's passport seized in scam probe

Yunus Sobah said the police will soon issue a statement on the investigation.

7 May 2023

HDC rebranded as Urbanco on 22nd anniversary

Now it has become a company that has to take on a lot of responsibility for urban development.

2 April 2023

What's behind Villa Shipping's land purchase from Thilafushi?

In 2008, Villa Shipping bought large tracts of land from Hulhumale Phase I. It is the large block to the east adjacent to the Platinum Residence.

14 May 2023

Buyers of Aqua Vita flats complain over missed deadlines

Mimrah Ahmed, assistant public relations manager at Urbanco, which oversees Hulhumale, said the progress of Aqua Vita's work is good at the moment.

21 May 2023