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4 tips on construction and investment control over Projects with Officetel and Condotel Apartments
The Ministry of Construction has granted the state Dispatch No. 4308/BXD-HDXD with regards to the investment and construction management of projects with condotel (a crossbreed of hotel and condominium), officetel (a hybrid of business office and hotel) condominiums, resort cottages or shophouses.
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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, according to this document:
Initial, when evaluating and granting zoning construction and plans programs, People’s Committees of centrally-affiliated places and provinces should ensure that these plans are conforming to specialized regulations and standards in power, and supply obvious reasons about how big the construction flooring area, the volume of flats and people for the layout ofofficetel and condotel, vacation resort villa or shophouse functions to determine the conditions and needs concerning social and technical infrastructure.
Next, when deciding investment plans for construction investment projects with all the over real estate kinds, it must guarantee the correspondence among investment functions or land makes use of and functions of construction projects; keep in mind that the formation and development of this type of real-estate has to be perfect towards the nearby true situation around amounts of time.
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