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Four tips on investment and construction control over Projects with Condotel and Officetel Apartments
The Ministry of Construction has issued the state Dispatch No. 4308/BXD-HDXD regarding the construction and investment treatments for projects with condotel (a hybrid of hotel and condominium), officetel (a hybrid of workplace and hotel) flats, resort holiday villas or shophouses.
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 agencies and units 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, according to this document:
Very first, when looking for and authorising zoning construction and plans programs, People’s Committees of centrally-affiliated places and provinces must make certain that these ideas are conforming to technological regulations and standards in pressure, and provide clear reasons about the size of the construction flooring area, the number of apartment rentals and people for your arrangement ofofficetel and condotel, vacation resort villa or shophouse functions to look for the conditions and requirements regarding social and technical system.
Secondly, when determining investment guidelines for construction investment projects with all the over property sorts, it is needed to guarantee the correspondence in between investment functions or land employs and functions of construction projects; keep in mind that the formation and development of this type of real estate needs to be perfect towards the neighborhood real circumstance around intervals.
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