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Four tips on investment and construction control over Projects with Officetel and Condotel Condominiums

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 hotel and condominium), officetel (a crossbreed of place of work and motel) condominiums, resort holiday villas or shophouses.

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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 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:

First, when looking for and granting zoning construction and plans plans, People’s Committees of centrally-affiliated cities and provinces have to ensure that these strategies are conforming to practical standards and regulations in force, and provide crystal clear reasons about the dimensions of the construction flooring location, the quantity of apartments and inhabitants for your layout ofofficetel and condotel, vacation resort villa or shophouse capabilities to determine the conditions and needs about social and technical facilities.

2nd, when choosing investment guidelines for construction investment projects with all the previously mentioned real estate kinds, it is required to ensure the correspondence in between investment purposes or land uses and operations of construction projects; remember that the formation and development of this type of real-estate should be appropriate towards the local real circumstance above amounts of time.

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