Prime Minister gives strong direction to soon promulgate Land Law 2024
đ 8.8 Billion
Net 168 m²@đ 52.38 Million / m²
Last Updated 14 Aug 2024
In recent days, the Prime Minister has directed the Ministry of Natural Resources and Environment to urgently complete and issue documents guiding the implementation of the 2024 Land Law. The 2024 Land Law - One of the legal corridors that investors are most interested in and looking forward to. The 2024 Land Law amends and supplements the principles of land use according to the criteria of correct planning and land use plans; publicity and transparency. While projects are untangled when the new Law is applied, solving the problem of supply in the market, the gap between supply and demand will be "narrowed", contributing significantly to stabilizing real estate prices, thereby helping the market "heat up" again. Supervision of public investment - 'Accelerating' projects: Strengthening supervision of public investment capital will ensure that resources are used effectively, helping projects using public investment capital for transport infrastructure to quickly come into operation. Removing obstacles - 'Increasing' confidence: For investors and buyers of projects developed from land funds under the new Law, legal obstacles are guaranteed to be removed. The market will change in a positive direction, limiting risks for both Investors and Developers. The 2024 Land Law, once applied, will be a "purification" of the market, increasing competition, forcing businesses to operate more professionally in order to survive. Anticipating the positive changes of the 2024 Land Law, "capable" investors with quality projects such as L'Aurora Phu Yen with thorough investment from legal to construction progress have brought comprehensive peace of mind to investors, anticipating a new growth cycle of the real estate market in the coming time.
Prime Minister gives strong direction to soon promulgate Land Law 2024
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