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Operations

Business Development

HDFC Business development work always with its stakeholders to develop, markets and products and explore new business opportunities for the company. HDFC welcome investors and business associates pursuing its mission of promoting housing finance in order to create decent home ownership a safe and sustainable environment for the Maldivians. Over the years, the company has successfully promoted housing finance through various models. HDFC made available end-user mortgage finance for people to buy completed dwelling units. Years 2010 and 2011 these facilities attracted both local and international housing developers entering the Maldives’ market with a high level of confidence.

HDFC has catalyzed a vibrant housing program on the reclaimed 2 sq. km. land mass of Hulhumale’ adjacent to Male’ City. Hulhumale’ already houses around 4,000 families and has the potential for another 6,000 units of housing. The upcoming ‘Eye of Maldives’ project in the similarly reclaimed island of Gulhi Falhu is envisaged to add a further 2,500 units of housing under the program to decongest Male’.

Company positioned with a market share of more than 50%, loan portfolio growth of 100% in 2011 and customer retention rate of 98% with a lower default rate of less than 1%. HDFC ensure investors and interested business allies best platform doing business in nation’s fast growing housing industry.

For more information on business opportunities, our business development department would be please to assist you.