The draw for land allotments in Hulhumalé Phase III under the Binveriya Scheme has concluded, with a total of 698 plots leased.

The draw was held at Kalaafaanu School and highlighted the completion of the land leasing process under the updated planning framework for Hulhumalé Phase III. The reissuance of the land lease process followed changes made to the Hulhumalé master plan and the land use plan, which resulted in adjustments to previously designated plot arrangements.

According to the Ministry of Construction, Housing and Infrastructure, 698 land plots of seven different sizes were allocated under the scheme during the third phase. These include 181 plots measuring 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 measuring 4,000 square feet.

The Ministry said details regarding the signing of land lease agreements and the process for handing over land registry documentation will be announced at a later date.

Authorities have previously stated that the earlier land use plan for Hulhumalé Phase III did not provide sufficient space for current and future harbour operations. In addition, concerns were raised that separating Phase III from Phases I and II could create challenges in providing essential services such as water, sewerage, electricity, and other utilities.

In response, the Housing Development Corporation (HDC) revised the land use plan and, following public consultation, prepared a new master plan covering the entirety of Hulhumalé Phase III.

Meanwhile, land reclamation works at Hulhumalé Phase III are ongoing. A total of 63 hectares of land is scheduled to be reclaimed, with more than 30 hectares already completed to date.