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4 tips about investment and construction control over Projects with Officetel and Condotel Apartments

The Ministry of Construction has given the Official Dispatch No. 4308/BXD-HDXD concerning the investment and construction handling of projects with condotel (a hybrid of hotel and condominium), officetel (a hybrid of workplace and motel) condominiums, holiday resort holiday villas 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 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 granting zoning plans and construction strategies, People’s Committees of centrally-affiliated places and provinces must make certain that these plans are conforming to technological standards and regulations in pressure, and provide obvious answers about the size of the construction surface area, the number of condominiums and residents for that agreement ofofficetel and condotel, resort villa or shophouse features to discover the standards and requirements regarding technical and social system.

Second, when choosing investment policies for construction investment projects using the earlier mentioned property types, it is necessary to guarantee the correspondence in between investment functions or land makes use of and functions of construction projects; remember that the formation and development of this kind of real-estate has to be appropriate to the local real condition above periods of time.

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