31 companies express interest in Hulhumale’ residential development

The Housing Development Corporation (HDC) has said 31 parties have expressed interest in developing residential complexes and row house units on the island of Hulhumale’, according to local media.

The HDC said the interested parties have been invited to submit their bids during a special meeting scheduled for next week – with the best seven proposals then being chosen, Sun Online has reported.

Under the bidding process, three of the seven overall plots of land are set aside to be developed as mixed-use residential complexes, with the remainder of plots being used for row housing.