More residential projects in Vinh Loc district, Thanh Hoa

Thanh Hoa Provincial People's Committee has just decided to approve MFLand Company to implement the New Residential Land Project in Vinh Phuc Commune, Vinh Loc District.

MFLand Company is located at 5/61 Dinh Cong Street, Thinh Liet Ward, Hoang Mai District, Hanoi City. The partner implementing the New Residential Area project in Vinh Phuc Commune, Vinh Loc District is Xuan Phuoc Construction Investment Joint Stock Company with headquarters at 179 Tan Son, An Hung Ward, Thanh Hoa City.

New Residential Area Project in Vinh Phuc Commune, Vinh Loc District, invested by MFLand Company (Illustration)

The project has a preliminary investment capital of more than 105 billion VND, of which the investor's contributed capital is more than 21 billion VND and mobilized capital is more than 84 billion VND.

The new residential land project in Vinh Phuc commune, Vinh Loc district has a land area of ​​about 2.95 hectares, including rough construction and completion of the front of 36 adjacent houses, 80 residential plots (including 74 adjacent residential plots, 6 villa plots with land use rights transferred in the form of subdivision and sale).

The project has a basic construction progress and will put the project into operation in no more than 2 years. Specifically, from the fourth quarter of 2024 to the first quarter of 2025, complete procedures for converting land use purposes, site clearance, land allocation, land lease and complete investment preparation procedures; from the second quarter of 2025 to the fourth quarter of 2026, complete construction work and in the fourth quarter of 2026, hand over technical infrastructure and social infrastructure to the State management agency and finalize the project according to the law.

The project has a 50-year operation period, calculated from the date of land allocation decision, land lease decision, and land use purpose conversion decision.

Previously, the People's Committee of Thanh Hoa province approved Golden Palace Investment Group Joint Stock Company (headquartered on the 11th floor, 80 Duy Tan, Dich Vong Hau ward, Cau Giay district, Hanoi city) to implement the Vinh Thinh Commune Residential Area project, Vinh Loc district.

The project has a preliminary total investment of 334,762 billion VND. Of which, the investor's contributed capital is 68 billion VND, mobilized capital is 266,762 billion VND. The project has a land use scale of about 8.33 hectares, with an expected population of 1,280 people.

Thus, in Vinh Loc district, Thanh Hoa province, there are two investment projects on residential areas by two investors from Hanoi with a total investment of more than 440 billion VND.

Source: https://baodautu.vn/them-du-an-khu-dan-cu-tai-huyen-vinh-loc-thanh-hoa-d232198.html