A bird’s-eye view of the construction project located on Co Linh Street in Long Bien District, Hanoi. The project, known as CT2, involves the development of residential apartments and is led by Hanoi Delux Trading and Construction Company Limited as the main investor.
The project boasts four tower blocks, namely Eco1, Eco2, Eco3, and Eco4, which are further divided into two clusters: Eco1 and Eco2, and Eco3 and Eco4. Each tower stands at 16 stories tall, complemented by two basement levels and a technical penthouse.
As observed, the project is currently in the basement construction phase.
However, the ongoing construction has taken a toll on Co Linh Street, with multiple instances of subsidence and cracked pavement observed in the area.
Consequently, Hanoi Delux Trading and Construction Company Limited was fined VND 180 million by authorities for violating regulations pertaining to construction quality management.
Additionally, the construction team has been reprimanded for encroaching on the Co Linh sidewalk and the entrance lane to Tu Dinh Market with their fencing, leaving only a meter of sidewalk from the curb.
Co Linh Street has suffered a 25-meter-long, 3-meter-wide, and 0.5 to 1.2-meter-deep landslide, in addition to other subsidence spots.
Authorities have requested that the investor take immediate remedial action to repair and restore the road to its original state by November 30, 2024.
The cracked and damaged pavement has gone unaddressed for an extended period.
In contrast, the investor has hastily “patched up” several other sections of the road.
Hanoi to have nearly 100m wide road soon
Hanoi is about to have a nearly 100m wide, 1.3km-long road connecting from Xuân Diệu street to the Tây Hồ villa area.
Hanoi to reclaim over 2,600 hectares of agricultural land in two districts
The plan for land use in 2024 for Hoang Mai district and Dong Anh district has just been approved by the city of Hanoi. As a result, a total area of over 2,600ha of agricultural land is expected to be reclaimed by these two units within the year.
Hanoi’s Update on the Delayed 1.000 billion VND Hospital Project
To address the challenges faced by investors, the Hanoi People’s Committee has instructed the Long Bien People’s Committee and the Department of Natural Resources and Environment to resolve any obstacles that arise during the implementation of the Thang Long 1,000-Year Oncology and Plastic Surgery Hospital project.
Astonishingly high price for old and dilapidated apartment buildings reaching nearly 200 million VND/m2, rivaling the most luxurious condominiums in Hanoi
Old collective apartments with prices starting from 100 million VND/m2 are usually the first-floor units that can be used for commercial purposes, while the upper-floor units are priced at 60-80 million VND/m2 for residential purposes.
A 3km road in the heart of Hanoi passing through a series of major projects, connecting Vingroup’s planned projects and Nam Cuong’s mega urban area, will be opened to traffic in the next 2 months.
Le Quang Dao Street, stretching over 2.6 kilometers, is located between Thang Long Boulevard and Ring Road 3.5. Currently under construction, it is set to be completed and opened for traffic on April 1st.
