Trung Minh urban area - Geleximco, Thinh Lang residential area, and Phuong Lam residential area in Hoa Binh are not yet for sale
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- Business
- 21:50 09/08/2022
DNHN - The Sudico - Sudico Hoa Binh Joint Venture's Thinh Lang Residential Area; Golden Star Construction Joint Stock Company's Phuong Lam Residential Area; and the Trung Minh - Geleximco ecological urban area project (59.84 ha) invested in by Geleximco Group, Joint Stock Company and Hanoi General Investment Joint Stock Company is not permitted to buy and sell.
The Hoa Binh Department of Construction maintains a list of ineligible and acceptable real estate projects for raising money, transferring, and selling in the province.
Up to 51 projects, in particular, have been authorized by competent authorities for investment and building permissions but are not yet able to raise funds, transfer, or sell.
Notably, there are several noteworthy projects in Hoa Binh City, including the residential area No. 3, No. 4 of the partnership between Sao Vang Construction Joint Stock Company and Thai Hung Housing Development Investment Joint Stock Company, the residential area Thinh Lang of the Sudico - Sudico Hoa Binh Joint Venture, the residential area Phuong Lam of Golden Star Construction Joint Stock Company, and the Trung Minh - Geleximco ecological urban area project (59.84 ha), which is funded The joint venture between SEIKA International Trade Service Investment Joint Stock Company, South Hanoi Commercial Service Company Limited, and Vinaconex 39 Joint Stock Company owns the Yen Quang high-class ecological urban region (Quang Tien commune).
Other projects in the Hoa Binh province's Luong Son district include the Saigon Real Estate Joint Stock Company-funded Viet Xanh Eco Village Project (58.87 ha) and the East Truong Son high-class resort eco-urban area project (98 ha), which is a partnership between Reenco Hoa Binh Investment Joint Stock Company, Thanh Hung Construction Company Limited, and An Thinh Urban Development Joint Stock Company.
This list identifies 21 real estate projects that are qualified to solicit funding, sell future-built homes, and transfer real estate.
The Hoa Binh Provincial Department of Construction advises people not to take part in transactions for real estate that are not permitted by law to be placed into business to prevent risks in transactions, promote transparency, and ensure the steady, healthy growth of the real estate market.
The Department of Construction and the appropriate agencies (Police Public Security, Departments of Natural Resources and Environment, People's Committees of districts and cities where the project is for sale) must receive any documentation of the signing of a deposit contract to hold the purchase and sale of project products between the customer and the investor for consideration and handling following the law.
PV
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