• Beasley Langley posted an update 9 months, 3 weeks ago

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    4 advice on construction and investment treatments for Projects with Condotel and Officetel Condominiums

    The Ministry of Construction has granted the state Dispatch No. 4308/BXD-HDXD regarding the construction and investment management of projects with condotel (a hybrid of condominium and hotel), officetel (a crossbreed of office and resort) apartment rentals, resort cottages 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:

    Initial, when evaluating and authorizing zoning construction and plans strategies, People’s Committees of centrally-affiliated places and provinces have to make certain that these programs are conforming to practical regulations and standards in force, and provide clear explanations about the actual size of the construction surface area, the volume of flats and occupants for your set up ofofficetel and condotel, holiday resort villa or shophouse features to discover the criteria and needs concerning social and technical infrastructure.

    2nd, when determining investment guidelines for construction investment projects with all the previously mentioned property sorts, it is required to ensure that the correspondence in between investment uses or land utilizes and functions of construction projects; keep in mind that the formation and development of this particular property should be suitable towards the local genuine circumstance more than intervals.

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