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A number of tips about construction and investment handling of Projects with Officetel and Condotel Apartments

The Ministry of Construction has granted the state Dispatch No. 4308/BXD-HDXD regarding the investment and construction handling of projects with condotel (a crossbreed of condominium and hotel), officetel (a hybrid of place of work and motel) condominiums, holiday resort cottages or shophouses.



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 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:

Initially, when evaluating and authorizing zoning plans and construction plans, People’s Committees of centrally-affiliated towns and provinces must guarantee that these ideas are conforming to specialized regulations and standards in push, and give clear explanations about the actual size of the construction ground location, the number of apartment rentals and residents for the set up ofcondotel and officetel, vacation resort villa or shophouse functions to determine the standards and specifications with regards to technical and social infrastructure.

Second, when choosing investment guidelines for construction investment projects with the over real estate varieties, it is required to guarantee the correspondence between investment purposes or land employs and functions of construction projects; be aware that the formation and development of this kind of real-estate must be perfect towards the local genuine situation over periods of time.

More details about the investment and construction management of projects check out this web site.

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