Lam Dong province has a land subdivision and sale project worth nearly 1.3 trillion VND.

(Dan Tri Newspaper) - Lam Dong province has just approved the investment plan for a rural residential area project with a total investment of nearly 1,300 billion VND.

On January 21st, the People's Committee of Lam Dong province approved the investment plan for the Eco Grand Land model rural residential area project. This project will be implemented on an area of ​​over 46 hectares in Hamlet 8, Gia Hiep commune, Di Linh district, Lam Dong province.

Of that area, 26 hectares will be used for residential purposes, comprising approximately 1,446 plots for townhouses, villas, and terraced houses with gardens.

In addition, the project includes 1 hectare of land for commercial and service purposes; 1.8 hectares of land for education , culture, and sports; 3.89 hectares of land for green spaces and parks; and over 13 hectares of land for transportation and infrastructure.

A view of the center of Di Linh district, Lam Dong province (Photo: Nhat Linh).

The total investment for this project amounts to nearly 1,300 billion VND, with an expected operating period of 50 years from the date the Lam Dong Provincial People's Committee approves the investment plan.

The project aims to meet the housing needs of the people through the transfer of land use rights in the form of subdivided plots for sale. At the same time, the project also aims to create land for public facilities, and address employment and housing issues for local residents.

Notably, from the beginning of 2023 to the end of 2024, Lam Dong province did not have any commercial housing projects approved for investment, making the Eco Grand Land project a bright spot in the current context.

Source: https://dantri.com.vn/bat-dong-san/lam-dong-co-du-an-phan-lo-ban-nen-gan-1300-ty-dong-20250121181643202.htm