Sixty plots of land will be put up for sale from Hulhumale' Phase II, the Housing Development Corporation has announced.
HDC said the plots would be sold under a bid policy from Hulhumale's beachfront and beachside. The plots, which measure 1,603.07 square feet and 2,633.93 square feet, are now open for bid submission. Bids for beachfront plots may be submitted before February 6, and submissions for beachside plots will be accepted until February 16.
HDC said that a bid security of MVR 320,000 will be collected from bidders. As per HDC, priority will be given to first-time buyers.
Land plots were last sold from Hulhumale' in 2017.