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Real estate is “inflated”, there is an unusual case of winning the bid

Recently, Quang Binh Provincial People’s Committee has issued a dispatch on strengthening the management of the real estate market and auction of land use rights in the province.

Accordingly, in the past time, implementing the land fund development plan, localities have held auctions of land use rights. However, in this process, in some places, there are signs that investors and investors organize capital mobilization and transfer land use rights not in accordance with regulations. Some hold conferences, distribute inflated leaflets to advertise and sell when the process and procedures are incomplete and the technical infrastructure for the project has not been completed.

Besides, in the planned areas where residential areas, urban areas, commercial housing areas, tourist areas, resorts, transportation infrastructure are planned, there is speculative buying and selling activities. reselling real estate causes “virtual fever”. The phenomenon of “price blowing” makes the price of the land not true to the actual value. In particular, in some cases, the winning bid price was many times higher than the starting price, in some cases it was unusually high, creating the interest of public opinion, affecting security – order and compensation work. site clearance for project implementation.

In order to rectify the above situation, the People’s Committee of Quang Binh province requested the provincial departments, agencies, mass organizations, People’s Committees of districts, towns and cities to strictly implement Directive No. 02 of the Chairman of the Provincial People’s Committee and Official Letter No. No. 291 of the Provincial People’s Committee issued on March 4 on strengthening the management of the real estate market and land prices in the area.

In addition, the departments, branches and localities direct the organization of auction of land use rights in accordance with the law, publicity and transparency; promptly detect and handle cases for sale when there are not enough processes and procedures and the technical infrastructure for the project has not been completed according to the approved policy.

In addition, promptly detect violations of regulations in the auction, prevent taking advantage of the auction to cause market disturbances and profiteering.

The units also strengthen propaganda so that people and auction participants understand, not to be taken advantage of or follow the movement to affect the real estate market and land prices in the area.

The Department of Justice, the Department of Natural Resources and Environment, and the Department of Construction, according to their functions and duties, strengthen information capture for handling or advise the Provincial People’s Committee to take measures to stabilize the market and promptly correct the auction of rights. land use in the area.

https://cafef.vn/bat-dong-san-bi-thoi-gia-co-truong-hop-trung-thau-bat-thuong-20220331223026639.chn


According to Tuan Minh

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