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Four advice on construction and investment management of Projects with Officetel and Condotel Apartments
The Ministry of Construction has given the Official Dispatch No. 4308/BXD-HDXD concerning the construction and investment management of projects with condotel (a hybrid of condominium and hotel), officetel (a hybrid of office and resort) flats, holiday resort holiday 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:
Very first, when evaluating and approving zoning plans and construction plans, People’s Committees of centrally-affiliated metropolitan areas and provinces have to ensure that these ideas are conforming to technical regulations and standards in force, and provide very clear explanations about the dimensions of the construction floor area, the amount of apartments and occupants for that agreement ofofficetel and condotel, holiday resort villa or shophouse characteristics to determine the criteria and specifications with regards to social and technical infrastructure.
Next, when deciding investment guidelines for construction investment projects together with the over real-estate sorts, it must ensure the correspondence in between investment reasons or land utilizes and operations of construction projects; keep in mind that the formation and development of this sort of property needs to be suitable for the nearby genuine situation over time periods.
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the investment and construction management of projects go to this webpage.