Progress of housing project of 1,200 billion VND for the armed forces of the People's Police in Hanoi

Thu Giang |

The Department of Construction Management and Barracks (Ministry of Public Security) has just announced information about a housing project for the armed forces of the people's police worth more than 1,200 billion VND in Hanoi.

Recently, the Department of Construction Management and Barracks (Ministry of Public Security) has just issued a notice inviting interested investors to submit dossiers requesting investment policy approval, and at the same time assigning the investor of the housing project to the armed forces of the People's Police (CAND) at land plot NO3 belonging to land plot D12 of Cau Giay New Urban Area (Cau Giay ward).

The project's objective is to invest in building houses for the armed forces of the People's Police (social housing for police officers and soldiers). Social housing apartments (NOXH) of the project are reserved for police officers and soldiers to buy, lease, buy, and rent according to the specific needs of the Ministry of Public Security and in accordance with the provisions of law.

The land use area of the project is 3,740 m2, with a total number of apartments of about 476 units. Preliminary estimates of the total investment capital of the project are about 1,284.3 billion VND.

Project implementation deadline and progress:

Project operating term: 50 years from the date the investor is granted land allocation, land lease decision, land use purpose conversion decision.

Project implementation progress:

The first quarter of 2026 will complete procedures for investment, land allocation, environment, fire prevention and fighting, design,... construction permits and construction commencement.

In the first quarter of 2028, the inspection and completion of the project will be put into use and operation.

Investment incentives and guarantees:

Investors are entitled to incentives and investment guarantees according to the provisions of the 2023 Housing Law, Resolution No. 201/2025/QH15 of the National Assembly piloting a number of specific mechanisms and policies for social housing development, Decree No. 192/2025/ND-CP of the Government, Decree No. 100/2024/ND-CP of the Government and relevant legal regulations.

Other requirements: The investor has a written commitment to be responsible for the number of social housing apartments proposed for investment and actual investment implementation, if the actual demand at the time of opening for sale is lower than the number of apartments provided by the project.

Thu Giang
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