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Four tips about construction and investment control over Projects with Officetel and Condotel Apartments
The Ministry of Construction has granted the Official Dispatch No. 4308/BXD-HDXD about the investment and construction handling of projects with condotel (a hybrid of condominium and hotel), officetel (a crossbreed of business office and hotel) apartment rentals, vacation resort villas or shophouses.
According to this document, in order to continue to improve the effectiveness and efficiency of the state authority over the management of construction investment, the Ministry of Construction requests the People’s Committees of provinces and centrally-run cities to order relevant units and agencies during the process of their management of construction investment, or construction authorities during the process of their implementation of administrative procedures, for construction investment projects with condotel, officetel apartments, resort villas or shophouses should keep the followings in their mind:
Initially, when evaluating and authorizing zoning plans and construction plans, People’s Committees of centrally-affiliated cities and provinces have to ensure that these strategies are conforming to technical regulations and standards in power, and give crystal clear explanations about the actual size of the construction ground area, the number of apartment rentals and occupants for that agreement ofcondotel and officetel, holiday resort villa or shophouse functions to determine the criteria and demands regarding social and technical structure.
2nd, when choosing investment plans for construction investment projects with all the above property sorts, it is required to ensure the correspondence between investment purposes or land employs and processes of construction projects; note that the development and formation of this sort of real estate should be suitable for the neighborhood true circumstance over time periods.
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