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Oct 6, 2018Acquisition of ownership of the ecological project, 34ha.
Located at the center of the suburban district - Ha Noi, nearby new project over 400ha.
Legal status and source of BT land project:
- Approving the policy of the reciprocal land fund
- Report on the implementation of traffic projects, in the form of BT
- Report of Planning and Architecture Department of Planning - Architecture 1/2000
- Guiding the implementation of the project to the project owner
- Government approves and assigns Hanoi People's Committee to appoint investors
- BT (builds & Transfer) Agreement with Representatives of Hanoi People Community.
The transfer price of project ownership: US$170/m2 equal to US$58 million), including:
- Land Compensation and clearance to hand over
- Support for planning 1/500 construction density.
Duration: 6 months:
1. Sign the contract Seller & Buyer of the project to be formed in the future, when legal supporting documents completed for the project owner will be signed handed over.
2. Payment according to schedule
- After signing MOU payouts 40% of total payment amount.
- 2nd time after 2 months 40%
- 3rd time after 4 months 20%
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