Apartments

Contractor to Build 1,000 Flats in Hulhumalé
Government Seeks Contractor to Build 1000 Flats in Hulhumalé

The Ministry of Construction, Housing and Infrastructure has announced plans to develop 1000 new housing units in Hulhumalé as part of the government’s ongoing affordable housing initiative. According to the ministry, interested Maldivian companies are invited to submit proposals for […]

BML Islamic Home Purchase Financing
BML Islamic Home Purchase Financing

The Bank of Maldives offers Islamic Home Purchase Financing designed to help individuals and families in the Maldives own their dream homes through fully Shariah-compliant solutions. This financing option provides an ethical alternative to conventional interest-based home loans while making […]

BML inclusive national affordable housing scheme construction contracts
BML Advances Housing Scheme with Major Construction Contracts

The BML inclusive national affordable housing scheme has reached an important milestone, as the BML Affordable Home Leasing Company awarded major construction contracts to accelerate new housing developments. The move supports the broader national effort led by the Maldives Monetary […]

Maldives housing policy spouses eligible land application
Spouses Eligible for Land Applications

Maldives Housing Policy: Spouses Eligible for Land Applications The Maldives housing policy spouses eligible change has been officially announced by President Mohamed Muizzu, bringing major relief to many applicants previously disqualified under existing rules. The new policy revision will allow […]

Bank of Maldives Slashes Home Loan Equity to 5%

The path to owning a piece of paradise in the Maldives has just become significantly more accessible. Bank of Maldives (BML) has announced a groundbreaking change to its Home Purchase Financing, dramatically reducing the required equity contribution from 20% to […]