Housing Development Corporation signed an agreement with Keystone International Pvt Ltd today for the development of pure residential apartments in Hulhumalé. The agreement was signed by HDC’s Director of Legal Affairs, Dr. Fathimath Shiuny and Keystone International Pvt Ltd’s Managing Director, Mr. Usaid Khaleel.

This development by Keystone Pvt Ltd is part of HDC’s Local Developer Project, in which a total of seven parties are awarded to undertake pure residential apartment complexes. Situated in Neighbourhood 1 (near the row houses), these plots are approximately 2500 square feet in size and can be built up to eight floors.