Home Real Estate

New park to be built west of capital

Dec 15th at 13:14
15-12-2012 13:14:32+07:00

New park to be built west of capital

The Ha Noi People's Committee asked the municipal Department of Construction to instruct the Hong Ngan Real Estate Company to complete plans for the construction of a park in the western area of the city and submit them for ratification before December 30.

The project, located on an area of more than 84,000 square metres near Mai Dich Cemetery, would implement the build-transfer model.

The project's total capital was estimated at VND657 billion (US$31.29 million), about 48 per cent of which would be spent on compensation for land clearance and relocation.

The city also asked relevant authorities in the districts of Cau Giay and Tu Liem to urge investors to implement the project as scheduled.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Ha Noi proposes to cut land taxes by 50%
REAL ESTATE Dec 15th at 13:12

Ha Noi proposes to cut land taxes by 50%

Ha Noi proposed to the Government that the land use tax be halved for enterprises that lack land use right certificates or land leasing contracts to help them...

Foreign cash could absorb supply glut
REAL ESTATE Dec 12th at 21:37

Foreign cash could absorb supply glut

A favourable tax framework that encourages participation from foreigners and retail purchasers is needed.

VinaCapital looks for exit door
REAL ESTATE Dec 12th at 21:36

VinaCapital looks for exit door

VinaCapital, one of internationally listed funds operating in Vietnam, has confirmed plans to put many of its many premium property assets in the nation up for sale.

Investors run away from “golden land,” BOT projects suspended
REAL ESTATE Dec 11th at 13:05

Investors run away from “golden land,” BOT projects suspended

Big real estate firms have tried to escape from the projects invested under the mode of “exchanging infrastructure items for land,” and from the golden land areas...

MoC looks to lift property market
REAL ESTATE Dec 11th at 13:01

MoC looks to lift property market

The Ministry of Construction (MoC) has proposed that the Ministry of Finance (MoF) agree to slash value added tax (VAT) by 50 per cent for apartments below 70 sq.m...

Big guys rush to withdraw capital from property projects
REAL ESTATE Dec 8th at 14:22

Big guys rush to withdraw capital from property projects

A lot of the big guys in the real estate sector have offered to sell stakes in real estate projects. It seems that they have run out of patience in the long spell...

Despite big difficulties, multi-billion dollar projects still wait in line
REAL ESTATE Dec 6th at 12:50

Despite big difficulties, multi-billion dollar projects still wait in line

The year 2013 is believed to be the suitable time for starting up new urban area projects

Star Hill’s next phase coming soon
REAL ESTATE Dec 5th at 13:14

Star Hill’s next phase coming soon

The second phase of Star Hill – the first luxury apartment project in the international commercial and financial area of Vietnam’s most livable urban area – is...

Signs of life in bleak market
REAL ESTATE Dec 4th at 12:41

Signs of life in bleak market

The real estate sector remains in the doldrums with sales slow and many condominium projects on hold. Yet other projects are being launched in the hope that the...

Indochina Land wins four awards
REAL ESTATE Dec 1st at 08:52

Indochina Land wins four awards

Indochina Land,one of the biggest portfolio real estate developers in Vietnam, has received four awards across a range of categories from the Southeast Asia...

Read More

Real estate stocks

Construction stocks

MOST READ

Back To Top