Stop auctioning 9 land lots with starting price 120 times higher than compensation in Ha Tinh

Mr. Nguyen Anh Duc, Vice Chairman of Duc Tho District People’s Committee, said that regarding 9 land lots put up for high auction in Lam Trung Thuy commune, there is now a notice to stop.

According to Vice Chairman of Duc Tho district, the reason is that recently the province has stipulated that land clinging to provincial roads and national highways must be built for collection roads, especially if the policy has to be approved by the province.

“Now we have to redo the process. The starting price must also be determined. The ability according to regulations is not auctioned like the previous round. Currently, the District People’s Committee has directed to suspend the auction of this land,” said Mr. Duc.

According to Mr. Nguyen Huu Tho, Chairman of Lam Trung Thuy Commune People’s Committee, according to regulations, the infrastructure must be completed before it can be put up for auction. But this planning area does not have infrastructure, the commune does not have enough conditions, so the auction must be stopped.

Previously, the People’s Committee of Duc Tho district approved an auction of 9 rural land lots in Lam Trung Thuy commune with the price about 6 times higher than last year.

After recovering more than 9,700m2 of land from 13 households in Lam Trung Thuy commune, the People’s Committee of Duc Tho district, after recovering more than 9,700m2 of land from 13 households in Lam Trung Thuy commune, compensated people about 173,000 VND/m2 including land, trees, crops and job change support. job…

Meanwhile, on January 24, the People’s Committee of Duc Tho district announced a land auction in this area, offering a starting price many times higher than the compensation for the people.

Specifically, the starting price of 8 lots, each 160m2 is more than 3.5 billion, equivalent to each m2 starting price is 22 million, about 127 times higher than the compensation for people. In addition, there is a lot of 263m2 with a starting price of more than 4.7 billion VND, equivalent to more than 18 million VND/m2, more than 100 times higher than the compensation price for people.

The auction took place on February 18, but no one came to participate. The fact that rural land was recovered, compensation for people was low, but auctioned with a high starting price, surprised and shocked people. These 9 plots of land cling to the road surface of National Highway 8A, and have not been divided into plots for field marking. People are still using it to grow rice.

Thien Luong