Hanoi checks commercial housing projects

Hanoi People Council’s has reported the monitoring results of investing in commercial housing projects in the city from 2006 until now.

Accordingly, many projects have derogation in land. More than 350 out of 859 State projects about transferring land, lending land, and switching purpose of using land have signs of breach.

Besides, 175 out of 410 projects haven’t cleared the ground and being exited tanglement in clearing the ground. Furthermore, the issuance of land using certificates, improving infrastructure and performing financial obligation of land haven’t been executed by many investors.

The city should recheck generally commercial housing projects, tackle severely derogation in project deploying process in the time ahead, asked by Ha Noi People Council's.

Khoi Nguyen – Translated by Mai Quyen

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