The flats were put up for sale after its original recipients under a previous government's social housing programme were unable to secure loans.
A history of abruptly terminating contracts with foreign companies does not bode well for the foreign investment climate in the Maldives, writes a Maldives Independent reader.
With a majority of flat winners struggling to raise an MVR400,000 down payment to secure a home loan, the housing ministry has threatened to take legal...
When Malé's landless families drew lots to choose flats in the newly built Tata blocks in October, the keys to their new homes seemed all but...
Some 300 families who were awarded flats by former President Mohamed Nasheed’s administration are being asked to pay MVR2million (US$129,701) for a flat, with the housing...