Thailand Recorder

Latest News From Thailand

General

Whizdom Avenue Ratchada-Ladprao without problem of entry-exit

Bangkok, July 29-MQDC Jang Whizdom Avenue Ratchada-Ladprao No problem of entrance-exit with MRTA.

According to some media, Whizdom Avenue Ratchada-Ladprao project To present by linking with other projects, Magnolia Quality Development Company Limited Corporation (MQDC) notified that

Whizdom Pinnacle Corporation Company Limited (the company), as the developer of the Whizdom Avenue Ratchada-Ladprao project confirm the fact that the project Located on land title deeds no. 13046 and 13062, land title deeds no. 13046 is a land that connects the entrance-exit of the project to Ladprao Road. have the original right to be able to build extra-large buildings and high-rise buildings according to the law on building control correctly because there is more than 12 meters in front of the land next to the public road, Ladprao Road It is considered the original right that the owner of the land has from the beginning.

When there is a project of the Mass Rapid Transit Authority of Thailand (MRTA), the MRTA has issued an announcement on the type of permission to use the land of the Mass Rapid Transit Authority of Thailand as a passageway. so that the owner of the expropriated land can use the land of The expropriated MRTA is the passageway of the land to the public road. To develop the land into a project of extra-large buildings or high-rise buildings according to the original right.

The land title deed no. 13046 therefore has all qualifications as announced by the MRTA. In the beginning, the original land owner had the right to enter and exit with a width of 4.5 meters according to the size of the demand for residential use. And after the original landowner has notified the intention to change the land use to develop real estate projects in the category of extra-large buildings and high-rise buildings.

Therefore, it was allowed to expand the size of the entrance-exit and allow the passage to be 12.5 meters, all of which occurred during the time that the company Not yet the owner of the land And the license issued according to the MRTA's announcement is therefore still legally enforceable in all respects.

Therefore, when the Company receives the transfer of ownership The land came from the original owner in 2014, therefore the Company has been transferred the right to develop the land and the right to use the land of MRTA is completely a passageway from the original landowner.-Thai News Agency

Source: Thai News Agency