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Imperia Sky Garden project: Hanoi adjusted investment policy, increased 540 apartments

Imperia Sky Garden

People’s Committee of Hanoi has just issued Decision No. 8842 / QD-UBND approving the decision on investment policy of the mixed-use complex of commercial and service projects, offices, hotels, houses and kindergartens, the school is located at 423 Minh Khai, Vinh Tuy ward, Hai Ba Trung district by investor Terra Gold Vietnam JSC.

According to the decision, some of the contents of the project have been approved by the City People’s Committee in Decision No. 6328 / QĐ-UBND dated November 17, 2016.

Imperia Sky Garden is allowed to adjust investment policy, increasing 540 apartments
Imperia Sky Garden is allowed to adjust investment policy, increasing 540 apartments

Investment projects on the land area of ​​38,155.9 sqm, the adjustment of objectives, scope and functions of construction works include: land area for construction of mixed-use commercial buildings, offices and houses ( symbol HH) area of ​​about 20,076.9sqm, adjust the whole function of hotel apartments in 2 buildings A and B (540 rooms) to function apartments, the total number of apartments: 1866 apartments (an increase of 540 units).

The land for the construction of kindergarten (kindergarten, symbol MN) area of ​​about 1.912,5sqm, total floor area of ​​about 2.710sqm. Community area is of ​​about 1,500sqm located at the 1st floor of buildings A and B at the landmark HH.

Perspective of the Imperia Sky Garden project
Perspective of the Imperia Sky Garden project

The population size of the project is about 3,614 people, the proportion and number of housing types total 1866 apartments. The contents of the objectives and other projects are kept unchanged according to the decision approving the investment policy of project No. 6328 / QD-UBND dated November 17, 2016 of the People’s Committee of the city.

This project has total investment capital of about VND 2,983 billion, of which equity is VND 660 billion (22% of total investment capital), loans from other credit institutions, other mobilized capital VND 2,323 billion (accounting for 78% of total investment capital).

The project of Minh Khai Complex 43 is named Imperia Sky Garden by M.I.K Group Vietnam as the developer of the project, Hoa Binh Construction and Real Estate Corporation is the contractor for the project.

~~>>Update on new information on the real estate news in Vietnam here: Vietnam real estate news

Previously, on September 1, 2016, the People’s Committee of Vinh Tuy ward has issued a decision to suspend the construction of works due to violation of urban construction without a construction permit, requesting investors and construction units to stop construction works.

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Imperia Sky Garden project: Hanoi adjusted investment policy, increased 540 apartments
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