Close-up of the 'golden land' that was just confiscated in Hanoi

Báo Tiền PhongBáo Tiền Phong12/02/2025

TPO - The Hanoi People's Committee has just issued a decision to reclaim 3,557m2 of the 20% land fund of the Golden - Land Building project, No. 275 Nguyen Trai. It is known that the apartments in this project are currently priced from 90 million VND to over 100 million VND/m2.


TPO - The Hanoi People's Committee has just issued a decision to reclaim 3,557m2 of the 20% land fund of the Golden - Land Building project, No. 275 Nguyen Trai. It is known that the apartments in this project are currently priced from 90 million VND to over 100 million VND/m2.

Close-up of the 'golden land' that was just confiscated in Hanoi photo 1

Accordingly, the recovered land has the symbol N02, managed by Hung Viet Trading Joint Stock Company (The recovered land plot is marked in red). This land plot belongs to the 20% land fund of the Golden Land Building Trade - Service Center and Housing project, No. 275 Nguyen Trai Street, Thanh Xuan District, which has been approved by the Hanoi People's Committee for the investment project to build housing for officials and civil servants of the Hanoi Department of Natural Resources and Environment.

Close-up of the 'golden land' that was just confiscated in Hanoi, photo 2

It is known that the project at 275 Nguyen Trai has the commercial name Golden Land, currently has 4 apartment buildings. Of which, one building is located on Nguyen Trai street, the remaining 3 buildings are located behind.

Close-up of the 'golden land' that was just confiscated in Hanoi photo 4

The conclusion of the Government Inspectorate, announced at the end of 2024, showed that: Hanoi People's Committee has reclaimed 23,380 m2 of production land of Precision Mechanical Joint Stock Company No. 1, and handed it over to Hung Viet Trading Joint Stock Company to implement a housing project (photo: Front of an apartment building at the project).

Close-up of the 'golden land' that was just confiscated in Hanoi photo 5

However, land allocation is carried out in the form of land use fee collection without compensation or site clearance for land use rights auction as prescribed in Point a, Clause 1, Article 58 of the 2003 Land Law.

Close-up of the 'golden land' that was just confiscated in Hanoi photo 6

The Hanoi People's Committee assigned Hung Viet Trading Joint Stock Company an area of ​​3,557 m2 of land (belonging to the city's 20% land fund) in the form of land allocation with land use fee collection to implement a housing project for sale to officials and civil servants of the Hanoi Department of Natural Resources and Environment. This violated Clause 1, Article 58 of the 2003 Land Law (photo: The 20% land is currently a football field and is left abandoned).

Close-up of the 'golden land' that was just confiscated in Hanoi photo 7

Implementing the Conclusion of the Government Inspectorate, the Hanoi People's Committee has recovered and handed over the above land area to the Hanoi Land Fund Development Center for management, and proposed an exploitation plan according to regulations (photo: Part of the recovered land is left abandoned).

Close-up of the 'golden land' that was just confiscated in Hanoi photo 8

It is known that the land plot that was recovered is considered "golden land" in Thanh Xuan district. Currently, the selling price of apartments in 4 buildings of the Golden Land project ranges from 90 million VND to over 100 million VND/m2.

Thanh Hieu



Source: https://tienphong.vn/can-canh-khu-dat-vang-vua-bi-thu-hoi-tai-ha-noi-post1716229.tpo

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