The land reclamation project for Hulhumalé Phase 3 has reached a major milestone, with a significant portion of the newly reclaimed land now physically connected to Farukolhufushi.
According to Housing Development Corporation (HDC), approximately 40 hectares of land have been reclaimed so far. This represents 63.5 percent of the total 63-hectare project, which is moving forward at an accelerated pace.

The physical connecting of the two areas has captured public attention, as recent aerial photos show the reclaimed land completely surrounding Farukolhufushi. Once a secluded resort island known for its scenic views, swimming pool and high demand as a venue for weddings and events, Farukolhufushi's original coastal identity has been transformed by the expansion.
The master plan of Hulhumale' previously had the area not to be reclaimed. Earlier, the master-plan had a river between Hulhumale 3 and Farukolhufushi. Channel bridges will be built to connect the two areas. The HDC has also started work on a heritage village in Farukolhufushi.
While the original master plan envisioned a channel and bridges separating Phase 3 from Farukolhufushi to maintain a "river-like" water body, HDC revised the plan in May 2024 to opt for full reclamation. This change was implemented to enhance transport connectivity and expand the Hulhumalé harbor area from 36 hectares to 53 hectares, providing more space for logistics and vessel berthing.

President Dr. Mohamed Muizzu recently noted that an additional dredger has been brought in to speed up the process, with expectations that the reclamation of Hulhumalé Phase 3 will be fully completed by next month.

The primary purpose of this new land is to facilitate the Binveriyaa Scheme, providing 1,351 housing plots for residents of Malé. The draw for plot allocations for those granted land in Phase 3 took place yesterday, marking a significant step forward for the beneficiaries of the housing scheme.