Previously, the Department of Construction received Official Dispatch No. 29/2023/CV-COTANACAPITAL dated August 7, 2023 of the Joint Venture of Cotana Group Joint Stock Company - Telin Group Joint Stock Company - Cotana Capital Real Estate Investment and Development Joint Stock Company on confirming the conditions for opening the sale of social housing at block XH3 in the social housing area - OXH1 high-rise apartment building (belonging to Thuy Van Complex Project Phase 2, Area B - An Van Duong New Urban Area).
The investment project to build a social housing area - high-rise apartments on the land plots with symbols OXH1, OXH2 is implemented on a 20% land fund, belonging to the Thuy Van Complex Commercial Housing Project Phase 2, invested by Cotana Capital Real Estate Investment and Development Joint Stock Company.
In which, OXH1 area has an area of about 1.49ha, invested in building 4 high-rise social apartments, including 1 basement and 15 floors with 723 apartments; OXH2 area has an area of about 2.03ha, invested in building low-rise apartments, 6 blocks from 4 to 8 floors with 362 apartments. The apartments are arranged from 1 to 3 bedrooms with an area from 32m2 to 74.9m2 with full functions, meeting the needs of diverse customers.
According to the Department of Construction, the NOXH area - OXH1 high-rise apartment building has 146/182 apartments, equivalent to 80% of the apartments sold to beneficiaries of NOXH support policies, meeting the conditions of NOXH formed in the future to be put into business.
The Department of Construction recommends that before selling or leasing, investors must report in writing to the Department of Construction the total number of apartments to be sold or leased and the start date of selling or leasing for the Department of Construction to know.
The investor shall carry out the construction of the project items in accordance with the approved design documents, issued construction permits, and verified estimates. In case of any adjustment to the content of the approved design documents, issued construction permits, and verified estimates, the investor shall seek the opinions of residents or customers who have signed apartment purchase contracts.
The advance payment of the buyer of social housing is made, according to the agreement in the housing sale and purchase contract, in accordance with the completion rate of the housing construction and the approved project implementation progress, but the total advance payment of the buyer must not exceed 70% of the value of the purchased housing, before the handover of the housing to the buyer and must not exceed 95% of the value of the purchased housing before the buyer is granted a Certificate for that housing as prescribed in Clause 5, Article 63, Housing Law 2014.
Previously, Cotana Capital Real Estate Investment and Development Joint Stock Company held a groundbreaking ceremony for the construction of the social housing area at Thuy Van complex phase 2. The project is implemented to implement the Government's Project "Investing in the construction of at least 1 million social housing apartments for low-income people and industrial park workers in the period of 2021 - 2030".
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