The Housing Development Corporation (HDC) has extended the deadline for purchasing parking spaces for those who have bought flats from the Vinares Towers.

HDC announced last night that the deadline has been extended until next Thursday.

The initial period for purchasing the parking spaces for Vinares flat owners was from the 26th of last month to the 5th of this month. However, after the expiration of that period, HDC has now extended it until next Thursday.

Parking spaces for Vinares flat owners are being offered under two models. These include 76 spaces within the building with car registration permits, and 78 spaces outside the building for parking purposes only.

To apply for a parking space in Vinares Towers, one must be the main applicant who signed the flat purchase agreement in the Vinares project.

Each party is eligible for one parking space. HDC has stated that the allocated parking space will be considered as part of the flat purchase agreement.

The starting bid price for parking spaces inside the building is MVR 650,000. Buyers of these spaces will have the right to register their cars there. HDC has said that successful bidders will be given 30 days to pay the total amount for the parking space.

The starting bid price for parking spaces outside the building is MVR 2,000. These spaces will be leased for a period of five years. HDC has stated that successful bidders will be given seven days to pay a security deposit equivalent to three months of the proposed monthly rent.

HDC has clarified that the parking spaces outside the building are for parking purposes only and do not include car registration rights.

Applications for purchasing or renting car parking spaces through bidding can be submitted via the online portal https://bids.hdc.mv.