Sinamale’ Flats Set for Demolition as City Council Approves Redevelopment Plan
The Male’ City Council has unanimously approved the ambitious Sinamale’ Flats Redevelopment Project.
The approval aims at revitalising the area and constructing a new apartment complex. The council, responsible for overseeing the development, has unveiled comprehensive plans for the project. The plan highlights key details and objectives.
The Sinamale’ Re-Development Project, according to the City Council, will be implemented in two distinct phases. It involves the construction of 1,500 apartments in total. Under the initial phase, the existing five towers will undergo a comprehensive redevelopment process. This will result in approximately 700 apartments. In the subsequent phase, an additional 800 apartments will be built. This phase provides midrange housing options for residents.
The council reveals that the new complex will feature a range of apartment sizes, including two-bedroom, three-bedroom, and four-bedroom units. All rooms will have private bathrooms. They will vary in size, ranging from 800 to 1,300 square feet.
According to the Male’ City Council, they have taken into consideration the concerns of current Sinamale’ Flats residents, ensuring a smooth transition for them. As part of the redevelopment plan, the council has announced that 128 apartments in the first phase will be reserved exclusively for those already residing in Sinamale’ Flats.
The Male’ City Council, recognizing the parking challenges faced in the area, has made it a priority to address this issue as part of the Sinamale’ Flats redevelopment project. According to the council, they aim to provide convenient parking solutions for both residents and visitors. As a result, the council plans to construct a parking space with a capacity of 500 cars and an additional space accommodating 2,000 motorcycles. This initiative is expected to effectively alleviate the current parking challenges in the area.
To supplement the financial aspects of the project, the Male’ City Council estimates that the land cost of the flats will yield MVR 175 million. Additionally, the council anticipates annual revenue of MVR 15 million from commercial space rentals and parking slots. It will be located on the ground floor of each tower.
While expressing enthusiasm for the redevelopment project, the council acknowledges that obtaining the necessary permits poses a significant challenge.
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