Phat Dat receives land allocation from Binh Dinh for Bac Ha Thanh residential project
The People’s Committee of Binh Dinh Province has recently issued a decision regarding the allocation and lease of land (phase 1) to Phat Dat Real Estate Development Corporation (HOSE: PDR) to implement Bac Ha Thanh residential project combined with urban gentrification in Phuoc Thuan Commune, Tuy Phuoc District.
According to the decision No. 3419/QD-UBND of the People’s Committee of Binh Dinh Province on September 15, 2023, Phat Dat received the allocation of 212.992 m2 land belonging to 94 land plots (map sheet No. 16), 53 land plots (map sheet No. 17), and 92 land plots (map sheet No. 24) in Phuoc Thuan Commune, Tuy Phuoc District, Binh Dinh Province for the development of Bac Ha Thanh residential and urban gentrification project.
This project is part of the land use plan for 2023 in Tuy Phuoc District (approved on May 23, 2023). The Provincial People’s Committee has urged the Department of Natural Resources and Environment to expedite the compensation and land clearance so that the Developer can proceed with the project.
The project covers an area of over 43.16 ha with a total investment of about VND 2,343 billion, including various product types such as townhouses, land plots, and shophouses.
As an experienced developer of numerous large-scale projects in Binh Dinh, Phat Dat is expected to continue leveraging its capabilities and contribute to changing the urban landscape in the region, providing high-quality products that meet the real needs of local residents.
