Land price adjustment coefficient in 2024 for cases where the coefficient prescribed by law is applied as a basis for calculation: Land rental collection; Determine the starting price for auctioning leased land use rights; Collect land use fees from households and individuals whose land use rights are recognized by the State, allowing change of land use purpose for residential land areas exceeding the limit; Calculate the value of land use rights when equitizing a state-owned enterprise where the joint-stock enterprise uses land in the case of the State leasing land in Hanoi City.
According to the Decision, the price adjustment coefficient for agricultural land, forestry land, and land with water surface for aquaculture is: 1.0.
The agricultural land price adjustment coefficient (including garden land and ponds adjacent to residential land) serves as the basis for determining the difference between the land use fee for the new purpose and the agricultural land use fee. : K = 1.0.
The price adjustment coefficient for non-agricultural production and business land and commercial and service land is divided into groups of areas.
Hoan Kiem, Ba Dinh, Dong Da, Hai Ba Trung districts: The coefficient for adjusting the price of land for non-agricultural production and business is 1.40; The adjustment coefficient for commercial and service land is 1.70.
Cau Giay, Thanh Xuan, Tay Ho districts: The coefficient for adjusting the price of land for non-agricultural production and business is 1.35; The adjustment coefficient for commercial and service land is 1.60.
Long Bien, Hoang Mai, Ha Dong, Bac Tu Liem, Nam Tu Liem districts: The coefficient for adjusting the price of land for non-agricultural production and business is 1.28; The adjustment coefficient for commercial and service land is 1.50...
This Decision takes effect from July 29, 2024 and replaces Decision No. 35/2023/QD-UBND dated December 22, 2023 of the City People's Committee on promulgating the land price adjustment coefficient in 2024 according to the regulations of the City People's Committee. Law as a basis for calculating: Land rent collection; Determine the starting price for auctioning leased land use rights; Collect land use fees from households and individuals whose land use rights are recognized by the State, allowing change of land use purpose for residential land areas exceeding the limit in Hanoi City.
