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Thanh Hoa closes the starting price of hundred billion gold land and assigns the police to guarantee the auction

Thanh Hoa Provincial Police were assigned to coordinate to ensure security and order at the auction; promptly detect and strictly handle organizations and individuals that commit illegal acts in the auction of land use rights.

Vice Chairman of Thanh Hoa Provincial People’s Committee Nguyen Van Thi has just signed a decision approving the starting price for auctioning land use rights for the project of Urban Residential Area and Sam Son Trade Center, in Truong Son Ward, Sam Son City. .

Thanh Hoa 'fixes' the starting price of hundred billion gold land, assigns the police to guarantee the auction
Perspective of the project of Urban Residential Area and Sam Son Trade Center (Source: Thanh Hoa Provincial People’s Committee)

Accordingly, the auction land area is 8,092 m2, including the residential land area for construction of a mixed-use apartment building with 50 floors and 4 basements, which is more than 4,883 m2 and the land area for construction of 17 semi-detached houses. 9 floors and a basement over 3,208 m2.

The project has a total investment capital approved by Thanh Hoa Provincial People’s Committee on July 23, 2021, which is more than 3,000 billion VND.

The purpose of use is residential land in urban areas allocated by the State with a fee land use fees. According to an investment project approved by a competent authority for a maximum of 50 years, counting from the date the People’s Committee of Thanh Hoa province signs the decision recognizing the winning result, the buyer of a house attached to the land use right may use long-term stable land use.

The starting price for auctioning the right to use this land is more than 222 billion VND. The specific land price mentioned above is determined on the condition that the investor must fulfill all obligations specified in the approved land use right auction plan.

The starting price for the auction of the above land use rights is valid for 6 months from the date of approval and is determined for land use purposes and targets according to the detailed construction planning at the rate of 1/500. Urban residential area and Sam Son commercial center.

In case the investor wins Auction If the land use right applies to change the land use purpose or change the land use criteria according to the planning, the difference in land use levy paid to the State budget shall be determined at the time approved by the competent State agency. permitted under regulations.

Provincial People’s Committee assigns departments, branches and People’s Committee of Sam Son city to perform their assigned functions and tasks.

At the same time, assigned Provincial Police to actively coordinate closely with Sam Son City People’s Committee in ensuring security and order at the auction;

The provincial police directed functional departments, the Sam Son City Police, to strengthen the work of grasping the situation, promptly detecting, fighting and strictly handling organizations and individuals according to the law. commit illegal acts in the auction of land use rights, ensuring no loss to the State budget” – the Provincial People’s Committee stated.

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