Da Nang Invites Registration for Commercial Housing Projects Under Resolution 171

The Da Nang Department of Agriculture and Environment has issued a notice inviting organizations interested in participating in the registration for implementing commercial housing projects under Resolution No. 171/2024/QH15 dated November 30, 2024, of the National Assembly. This presents a new opportunity for real estate businesses looking to develop housing in the city through a pilot mechanism for acquiring land use rights.

Resolution 171 allows pilot implementation of commercial housing projects through agreements on acquiring land use rights or based on existing land use rights of the organization. Interested organizations can submit registration documents for review and specific guidance. This policy aims to create more favorable conditions for commercial housing development, helping to meet the housing needs of residents and boost Da Nang's real estate market.

Da Nang is currently stepping up social housing and commercial housing projects to meet growing demand. This invitation for registration is a concrete step in implementing Resolution 171, promising attractive investment opportunities for businesses within and outside the city. Organizations should promptly explore details and prepare their documents to not miss this opportunity.