More than 100 plots of land have been handed over under Hulhumalé Phase 3, according to the Ministry of Construction, Housing and Infrastructure.
The land transfer process began on 26 March, with authorities moving forward with agreements and registry handovers to recipients.
A total of 698 plots have been allocated under the project. So far, 451 recipients have signed their agreements, while 125 plots have been officially demarcated and handed over to owners.
The development follows earlier allocations made under the previous government’s Binveriya scheme, where land was designated without prior reclamation. The current administration has since reclaimed 63 hectares of land in Hulhumalé Phase 3 to facilitate the project.
Hulhumalé Phase 3 offers seven different plot sizes. These include 181 plots of 1,650 square feet, 242 plots of 2,050 square feet, 132 plots of 2,450 square feet, 62 plots of 2,850 square feet, 41 plots of 3,250 square feet, 16 plots of 3,650 square feet, and 24 plots of 4,000 square feet.
The allocation of plots was determined through a lottery held on 20 December.
The ministry said the process of handing over land and completing documentation for recipients is continuing.