President Dr Mohamed Muizzu has announced that the building height limit for residential plots in Hulhumalé, encompassing both Phase I and Phase II, will be revised to ten storeys.
The President made these remarks during a consultative meeting held this evening with residents of Hulhumalé Phase I, at the Rehendhi School Hall. The meeting formed part of a series of public engagements initiated by the President to engage directly with citizens, hear their views and concerns, and identify practical solutions.
Elaborating on the proposed revision, the President stated that parking constraints remain a significant issue in Hulhumalé. He explained that buildings constructed up to ten storeys will be required to allocate the ground floor exclusively for parking facilities for residents.
He further noted that an additional floor will be designated for non-residential, income-generating purposes, such as commercial use. The President stated that the necessary regulatory amendments to facilitate the construction of ten-storey buildings will be introduced, making this opportunity available to residents of both phases.
Addressing land ownership matters, the President stated that residential plots allocated under the social category in Hulhumalé Phase I through paid agreements have not previously benefited from financial concessions. He announced that the Government will grant a 10 per cent discount on the total value stipulated in these agreements, clarifying that the discounted amount will be deducted from the remaining outstanding balance.
