Fahi Dhiriulhun Corporation (FDC) has terminated the agreements for two units and ordered their evacuation among the 4,000 flats developed in Hulhumalé under the previous administration's housing policy.
FDC stated that the decision to void the agreements and issue eviction notices was due to the owners' failure to pay rent in accordance with their contracts. The corporation further noted that the termination of both housing unit agreements followed established legal procedures.
"Before the termination of the agreements, the parties were given repeated opportunities over a period of 135 days to settle the outstanding payments. During this timeframe, two separate payment default notices were issued, followed by the mandatory 30-day notice required before terminating the agreement," FDC said.
The corporation explained that since the payments remained unsettled even after multiple extensions, the agreements have been officially voided and notices have been served. FDC added that the owners have been instructed to vacate the units within 15 days of receiving the notice.
Under the housing policy of the previous administration, the monthly rent for these flats—including maintenance fees—was set at MVR 6,000 for two-bedroom apartments and MVR 8,000 for three-bedroom apartments.
However, the current administration revised these rates, increasing the monthly payment to MVR 7,000 for two-bedroom units and MVR 10,000 for three-bedroom units, inclusive of maintenance fees.
While these two agreements were terminated for non-payment, the issue of outstanding rent remains a challenge across various social housing projects, including the Hiyaa flats developed during President Abdulla Yameen’s term, as well as housing units built during the administrations of President Mohamed Nasheed and President Maumoon Abdul Gayoom.
