Signing of agreements begins for 4,000 flats under ‘Binveriya’ scheme

The signing of agreements began on Monday for the first 4,000 flats built under the ‘Gedhoruveriya’ scheme.

The 4,000 units were developed in Hulhumale’ Phase II by the Fahi Dhiriulhun Corporation (FDC). It is the first of housing units being built under the ‘Gedhoruveriya’ scheme, a social housing project launched by the former Maldivian Democratic Party (MDP) administration.

The signing of the agreements with the recipients as well as the handover process is being carried out by FDC.

The signing of agreements began on Monday.

The process is carried out from 09:00 am to 04:00 from desks set up at the Hulhumale’ Synthetic Track.

According to FDC, recipients will have appointments scheduled and notifications sent via the corporation’s Fahi Portal.

Recipients are required to bring the following them they go to sign the agreement:

• Two clear copies of both sides of the national ID card of the applicant
• Two clear copies of both sides of the national ID card of the co-applicant
• The original and two copies of both sides of the national ID card of the witness
• The original of the form signed by the guarantor
• Other relevant documents

FDC said the signings are being carried out first for the flats in the towers that are already done and ready for handover.

The corporation added that the flats will be handed over after completing finishing work, including the installation of doors, windows, fans and bathroom fixtures, as well as tiling and wall painting.

Speaking to reporters on June 29, Housing Minister Dr. Abdulla Muthalib said that work is compete in 1,000 out of 4,000 flats. He expects the handover of all flats to be done by the end of September.

The list of recipients of the flats, which was released during the last days of the MDP administration, was the subject of an investigation by the Anti-Corruption Commission (ACC). The corruption watchdog ordered for the suspension of the issuance of flats, before finally giving the Housing Ministry the go-ahead to proceed in February 2024.

The incumbent administration released a new list of recipients after a verification process that lasted a year in February. But following public backlash over high number of disqualifications, Muthalib said the flats would be issued based on the original list.