Capital city to develop additional 6.965 million sq.m meters of housing in 2023

May 14, 2023 9:14 AM GMT+7

VGP – Ha Noi sets a target of increasing housing area by 6.965 million sq.m in 2023, including 4.5 million sq.m of detached housing, 2.339 million sq.m of commercial, residential floors, 0,094 million sq.m of resettlement housing, and 0,032 million sq.m of social housing.

HN to develop additional 6.965 million sq.m meters of housing in 2023 - Ảnh 1.

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This goal was released in Decision 2614/QD-UBND issued by the city’s People’s Committee for housing and real estate markets management and development in 2023 in association with embellishment, urban reconstruction, and resettlement toward a green, civilized, smart, and modern city.

Accordingly, Ha Noi will focus on reviewing and adopting mechanisms to support long-delayed urban projects and other housing projects. Besides, the capital city will launch a program to build social housing projects under the instruction of the Ministry of Construction.

The city will also issue a detailed plan to renovate and rebuild old apartment buildings, especially the priority areas in the first phase of the reconstruction plan issued by Ha Noi People’s Committee.

Ha Noi surpassed last year development target with over 5.98 million sq.m housing floor area.

Quynh Anh