Binh Duong allows change of land use purpose of 9,179 m2 for real estate projects

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Binh Duong - The Provincial People's Committee has decided to allow the conversion of land use purposes of 9,179 m2 to build an apartment project in Vinh Phu ward, Thuan An city.

Accordingly, the People's Committee of Binh Duong province decided to allow Hien Phuc Real Estate Company Limited to implement an investment project to build houses in the Ngoc Luc Bao Boulevard apartment complex.

The project location is deployed on plots of land on map sheet No. 92, Vinh Phu ward, Thuan An city.

Specifically, the People's Committee of Binh Duong province allocated land with land use fees to Hien Phuc Real Estate Company Limited with an area of nearly 170 m2, urban land use purpose.

Binh Duong province agreed to let the investor change the purpose of use of 9,179 m2 to urban residential land. The form of land allocation by the State with land use fees collected.

Phuong Vinh Phu co them du an chung cu. Anh: Dinh Trong
Vinh Phu ward has an additional apartment project. Photo: Dinh Trong

For the area of 160 m2 of residential land that has been transferred, the People's Committee of Binh Duong province proposes that enterprises manage, use and invest according to the approved detailed plan.

The project implementation period is until May 20, 2025.

Binh Duong Provincial People's Committee assigned departments and branches to advise the province to determine land prices for calculating land use fees. Direct the Land Registration Office to grant certificates of land use rights and ownership of assets attached to land to enterprises.

Request investors to fully fulfill their financial obligations and manage land use in accordance with regulations.

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