Residents of the fourth two-bedroom apartment block of the Perseverance Point Condominium have received the keys to their new residence.
The keys were handed over to the ten owners by Vice President Ahmed Afif and IDC CEO, Glenny Savy in the Presence of the Minister for Lands and Housing, Billy Rangasamy.
The fifth and last two-bedroom block is nearing completion.
So far GICC has built two three bedroom blocks and four two-bedroom apartment blocks consisting of 10 units each, benefiting 60 Seychellois professionals and their families.
A further three blocks of three-bedroom apartments remain to be built.
The project also comprise luxury apartments which are sold on the open market to subsidise the cost of the units for young professionals.
This Perseverance Point Condominiums project targets Seychellois graduates and young professionals first-time homebuyers.

​Plans are underway to make the Seychelles' outer islands more accessible and this will be done through a revamped airstrip on Assumption Island, which will include clearing facilities so that visitors can go straight to the island.
The chief executive of Islands Development Company (IDC), Glenny Savy, said, "The Assumption airstrip will have to be upgraded in two ways; it is too short, and it will have to be lengthened and enlarged to cater to international flights. We also intend to collaborate with SCAA [Seychelles Civil Aviation Authority] so that the facilities that will be added to the airstrip will be adequate for immigration officers to clear incoming visitors for example from private jets or cruise ships similar to the ones on Mahe."