Hoa Binh Xanh Joint Stock Auction Company has just announced the organization of an auction of land use rights to implement the project of Residential Area Group 5, Quynh Lam Ward, Hoa Binh City, Hoa Binh Province (4th time) transferred by the Center for Land Fund Development of Hoa Binh City.
Accordingly, the land area is 8,425.9m2 . Of which, urban residential land is 4,633m2 ; traffic land is 2,235.9m2 and irrigation land (Quynh Lam dike protection corridor) is 1,557.0m2 .
Location and site of the auctioned land: East side borders Quynh Lam dike road; West side borders Chi Lang extended road; South side borders existing residential area and North side borders planned road.
The current status of the land has no constructions, architectural structures, or technical infrastructure. The land was approved by the People's Committee of Hoa Binh City for the master plan of the Technical Infrastructure project for the residential land auction area in Document No. 2618 dated October 29, 2018.
Land use term is 50 years according to the project term, home buyers with land use rights are entitled to long-term stable land use.
Starting price of auctioned property is 142 billion VND, deposit to participate in auction is 28 million VND.
Auction form by direct voting at the auction, ascending bid method.
The auction time and location is expected to be on September 19, 2024, at the Hall of the Land Fund Development Center of Hoa Binh City (Group 1, Ky Son Ward, Hoa Binh City, Hoa Binh Province).
