In Hanoi, several “golden land” areas of real estate “big owners” have long been forgotten. Some projects have been adjusted after being put to pasture for a decade.
The Ministry of Construction recently responded to Gia Lai province’s voters’ petition which had requested that the Government focus on inactive real estate projects that have misused resources, badly affected rights and benefits of people and the State, and caused social frustration.
At the same time, the Government should seriously deal with “ghost”, deceitful and stagnant real estate projects which have triggered social irritation in localities.
In response to the voters’ recommendations, the Ministry agreed that the inactive projects have caused a waste of resource, negatively impacting on the rights and benefits of people and the Sate, and frustrating society.
According to the Ministry of Construction, under current laws, there are specific regulations on planning formulation, approval, management and implementation. Rights of organizations and individuals in planned areas are also regulated.
The viewpoint of the Ministry was reaffirmed that the State shall ensure legal rights and benefits of the people living in the areas of inactive projects.
“To publicize and be transparent about approved projects, the Ministry has finalized the National Information Portal on Construction Planning at http://quyhoach.xaydung.gov.vn.
The Ministry also issued formal documents to request localities to publish their construction planning information on the website under their responsibility in management and implementation of local construction planning.
With regard to future management, the Ministry will coordinate with other ministries and localities to further carry out other responsibilities with a number of solutions such as strengthened instructions to localities in planning management and implementation to promptly detect and punish violated projects by suspending delayed projects and penalizing officials who have caused stagnancy and loss for developers and the State and affected the legal rights of people.
The Ministry has asked localities to review construction planning to timely adjust or withdraw delayed and unfeasible projects, to develop and publicize planning implementation under government’s regulations, formulate urban development programs and strictly monitor urban development process and quality; further spread information on urban development and land management regulations to people and businesses to improve their understanding about and application of these regulations to ensure proper and effective land usage; and timely deal with violations in planning implementation.
Currently, there are a number of inactive projects in big cities. In Hanoi, several “golden land” areas of real estate “big owners” have long been forgotten. Some projects have been adjusted after being put to pasture for a decade.
Prime Minister Nguyen Xuan Phuc said these must be inspected and information given to the media about over 300 abandoned projects in Hanoi.
According to the news, over 300 inactive and abandoned projects in Hanoi have caused difficulties for the life of the people in the areas, especially a waste of land.
This is not new. However, effectively solving them is a non-stop chorus. The Prime Minister assigned the Ministry of Natural Resources and Environment and Hanoi People’s Committee to inspect the press information.
Increased inspection of “ghost” projects
The Ministry will continue to demand localities to focus on effective realization of tasks and solutions assigned by the Prime Minister under Directive No. 11
According to the Ministry of Construction, current regulations in Land Law, Investment Law, Construction Law, Housing Law, and Real Estate Business Law are adequate and transparent about all aspects of real estate business, from construction procedures and process, qualified business conditions, responsibilities of developers, and penalties on violations.
Regulations on administrative and criminal violations are legalized under laws on administrative and criminal offense. However, some individuals and organizations continue to intentionally break those regulations. They set up unreal projects or brought unqualified projects to the market (“ghost” projects) to cheat people, leading to social frustration and disorder in some localities.
There are many causes for the situation. According to the Ministry, unclear information on projects is the main reason. Some individuals and organizations have taken advantage to publicize and provide wrong information about projects to earn benefits. Their illegal activities were not quickly detected and prevented, and thus violations were not punished in time.
In the coming time, the Ministry will continue to demand localities to focus on effective realization of tasks and solutions assigned by the Prime Minister under Directive No. 11, namely improved transparency and clarified information about projects planned in areas in an aim to avoid fraud.
The Ministry is also coordinating with localities to intensify inspection and investigation to promptly detect, prevent, and deal with potential violations and strictly discipline those violations under their responsibility.
Furthermore, the Ministry shall study, set up, adjust, and improve the Government’s Decree No. 117/2015/NĐ-CP on constructing, managing, and utilizing the information system on housing and real estate market to submit to the government for approval, in order to provide publicly transparent information for a healthy and stable real estate market and to minimize fraud and delays.
Let’s take a look at several outstanding construction projects in Hanoi that have contributed to significantly changing the appearance of the capital this year.
Real estate speculators have been exploiting urban expansion plans to push up prices beyond the real value, according to the Ministry of Construction (MOC).