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A number of advice on construction and investment management of Projects with Officetel and Condotel Condominiums
The Ministry of Construction has granted the state Dispatch No. 4308/BXD-HDXD about the construction and investment control over projects with condotel (a hybrid of condominium and hotel), officetel (a crossbreed of office and accommodation) condominiums, vacation resort 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:
Initial, when evaluating and authorizing zoning plans and construction plans, People’s Committees of centrally-affiliated towns and provinces need to make sure that these ideas are conforming to practical standards and regulations in power, and offer clear explanations about the dimensions of the construction floor area, the amount of apartment rentals and people for your agreement ofcondotel and officetel, resort villa or shophouse characteristics to discover the requirements and requirements about social and technical infrastructure.
Second, when deciding investment guidelines for construction investment projects with all the previously mentioned real-estate kinds, it is needed to ensure the correspondence among investment functions or land makes use of and processes of construction projects; note that the development and formation of this type of real estate property must be appropriate on the neighborhood real circumstance over amounts of time.
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