Binh Duong allows change of land use purpose of 12,434 m2 for real estate projects near Ho Chi Minh City

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Binh Duong - The Provincial People's Committee allowed a business to change the purpose of land use with an area of 12,434 m2 for a real estate project near Ho Chi Minh City.

Accordingly, the People's Committee of Binh Duong province decided to allow Phuc Dat Connect 3 Investment Development Joint Stock Company to implement the Phuc Dat Suoi Tien construction investment project. This real estate project is implemented in Binh Thang ward, Di An city, this area borders Ho Chi Minh City.

The total land area converted from agricultural land to non-agricultural land is 12,434 m2.

In which, land allocation with land use fees for an area of 6,316 m2 used for urban residential land purposes, including 216 m2 of adjacent residential land and 6,100 m2 of mixed-use apartment land.

Lease land for annual rental fees with an area of 2,710 m2 for land use in the construction of educational and training facilities.

Allocate land without collecting land use fees with an area of 3,406 m2 for use in entertainment, public entertainment, community activities and traffic land.

For the area of 100 m2, the company has received the transfer, the management of use and construction investment will be in accordance with the approved detailed planning of the project.

The land use term is until May 26,755. The land price for calculating land use fees is implemented in accordance with the provisions of law.

The People's Committee of Binh Duong province requests the Department of Agriculture and Environment to be responsible for determining land prices to calculate land use fees payable and directing the determination of boundaries, handing over land on site, and granting land use right certificates to investors.

Request investors to pay land use fees, fees and charges to the state budget. Land use management according to the provisions of law. For 759 m2 of land in the canal protection corridor and 72.9 m2 of land in the road safety corridor, the investor manages it according to regulations on the protection and safety corridor of the project.

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