The Ministry of National Planning, Housing and Infrastructure has announced its decision to reschedule rent payments for “Gedhoruveri Kurun” housing flats.
According to the ministry, rent payments will be rescheduled for the tenants living in the 704 housing units issued in Hulhumale’. The flats were issued in 2018.
The ministry has extended the repayment period until the end of February.
The Maldives government contracted China Machinery Engineering Corporation (CMEC) for the project with funding provided by the Chinese government.
About 31 to 41% of tenants living in various social housing units do not pay their rent regularly according to the ministry. However, the ministry has decided against taking any action against these tenants with outstanding payments by considering their living conditions.