The Housing Development Corporation (HDC) has announced plans to allocate parking spaces for owners of Vinares flats, offering options both inside and outside the Vinares Towers. According to the announcement, 76 parking spaces inside the building will allow car registration, while 78 spaces outside will be designated solely for parking purposes.

To apply for a parking space, applicants must be the main signatory of the Vinares flat purchase agreement and must have cleared all payments on the flat by 5 December 2024. Additionally, applicants must not own or rent any other HDC-maintained parking space in their name. Each flat owner is eligible for only one parking space, which will be included as part of the flat purchase agreement.

The starting price for parking spaces inside the building is set at MVR 650,000, and these spaces will allow car registration. Successful bidders will have 30 days to pay the full amount. For parking spaces outside the building, the starting price is MVR 2,000 for a five-year lease. These spaces are strictly for parking purposes and do not allow car registration. Approved applicants will be required to pay a security deposit equal to three months’ rent within seven days.

Applications will be processed via the HDC online portal at https://bids.hdc.mv. The application window is open from today until 5 May 2025. HDC has advised those seeking further information to contact their hotline at 1516.