The name of residential land today is no longer strange. This is a very typical and popular calling. But that’s the project that investors have been aiming for in recent years. Residential land refers to residential land in urban areas. It is completely owned by the people.
According to Clause 1, Article 125 of the 2013 Land Law, we know residential land is non-agricultural land that will be used by individual households if they have a red book for a long time.
Characteristics of types of land in real estate
Residential land in rural areas (ONT): probably not very strange to people in rural areas. Under the management of the household, sticking together for a long time. Bring relatively stable bloodline factors.
As for urban residential land (ODT): is also a common but close family relationship. But only one or two generations live under the same roof. Most with small and medium scale are the most popular. The location of geography is often more convenient for people’s lives. And in the center near the river, prime location…
Distinguish between residential land and agricultural land
When it comes to residential land, some people will mistake it for agricultural land. Intended to use for production, agriculture, aquaculture, food. Catering to the main economy. Residential land island with a red book, non-agricultural only serves the purpose of building housing and works for the living.
Potential in residential land project
Land conversion is extremely necessary. Because residential land has been approved by the state, it is owned by people if it has a red book, so it is extremely necessary and brings many benefits. We will not have to pay any kind of land use fee to the state because it belongs to us.
- When buying and selling or compensating land, the profit will increase many times compared to not converting, which is economically beneficial for people.
- Land when purchased or invested in land will promote the value of the land to the largest price but still have to comply with some issued conversion laws.
Soils that can be converted
Land specialized in wet rice cultivation, remaining land for wet rice cultivation, upland rice land, flat land for other annual crops, swidden land for other annual crops, land for perennial crops, land for perennial crops, production forests, protection forests, special-use forests, aquaculture.
Land for construction of agency offices, land for construction of offices of non-business organizations, land for construction of cultural facilities, land for construction of medical facilities, land for construction of educational and training institutions, land for construction of physical training and sports facilities, land for construction of science and technology facilities, land for construction of social service establishments, land for construction of diplomatic establishments, land for construction of other non-business works, land for national defense…
DVH Group – the leading real estate unit
Currently, projects such as residential land or land plots are a pain for people. People will ask a huge question mark as to where to start investing in projects? Or any reputable real estate company?
is always a name everyone knows and mentioned. . is the trust of the people for the corporation, with many years of experience, a team of professional officials who grasp many fields, the problem of residential land is no longer a concern from the purchase, sale, transfer change again. DVH Group
always has prestigious quality land projects for the needs of the people.
Address: 196/1/19-21 Cong Hoa, Ward 12, Tan Binh District, HCMC
Office: 22 Nguyen Trung Ngan, Ben Nghe Ward, District 1, HCMC
Hotline: +84 28 668 06166
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