24h Real Estate: Many cases without red books are still supported and resettled when land is recovered

Như Hạ |

Real estate news bulletin on June 15: Cases without red books are still supported and resettled when the State recovers land; Apartment prices reach 90-100 million VND/m2...

Dong Nai recovers land for project to expand 30km of road connecting Long Thanh airport

On June 15, Long Thanh Ward People's Committee just issued documents announcing land acquisition and on-site inventory of land, houses and assets attached to land of the DT. 769 road upgrade and expansion project (nearly 30 km long), section passing through Long Thanh ward.

Accordingly, Long Thanh Ward People's Committee requests land users of land plots, owners of assets attached to land (including many cases without land user information) to contact the Economic, Infrastructure and Urban Department of Long Thanh Ward, Dong Nai City to coordinate in carrying out on-site inventory of land, houses and other assets attached to land of the project. See more...

Apartment prices are up to 90-100 million VND/m2, people spend 50-85 years accumulating to buy houses

Ms. Le Hoang Lan Nhu Ngoc, representative of Cushman & Wakefield Co., Ltd., said that the development of urban projects today covers many types of assets, from data centers to industrial and logistics real estate. However, in the commercial housing segment, especially apartments in big cities, primary prices have far exceeded people's affordability.

According to Ms. Ngoc, with an apartment price of about 90-100 million VND/m2, a household consisting of a husband and wife may have to spend 50 to 85 years of accumulation to own a house. See more...

Dien Bien rolls out the red carpet to welcome investors, many social housing projects are about to start construction

At the working session between the Dien Bien Department of Construction, Trade and Construction Co., Ltd. No. 6 and a number of communes and wards in early June, it was agreed to propose 6 projects in Thanh Nua commune (1 project), Thanh Yen commune (2 projects), Sam Mun commune (2 projects) and Dien Bien Phu ward (1 project).

Dien Bien's investment attraction is a receptiveness and commitment to accompany businesses. The province has applied the "green channel" mechanism with simplified procedures for social housing projects with non-budget investment capital, helping to reduce 60-90% of the resolution time. See more...

Phối cảnh dự án nhà ở xã hội tại phía Nam khu đô thị phố đi bộ sân bay Mường Thanh (phường Điện Biên Phủ). Ảnh: Thanh Bình
Perspective of the social housing project in the South of Muong Thanh airport pedestrian street urban area (Dien Bien Phu ward). Photo: Thanh Binh

Cases without red books are still supported and resettled when the State recovers land

On the afternoon of June 15, the City People's Council passed a Resolution stipulating a number of contents on land lease, temporary payment of land use fees, land rent and compensation and support when the State recovers land in the area.

According to the content of the Resolution, illegal construction works built on land eligible for compensation from July 1, 2014 to before August 1, 2024, not violating land law, are supported with 20% of the compensation level according to regulations, and the supported area does not exceed the maximum land allocation limit in the locality.

Hà Nội hỗ trợ, tái định cư đối với một số trường hợp chưa được cấp sổ đỏ đối khi Nhà nước thu hồi đất. Đồ họa: Như Hạ
Hanoi supports and resetts for some cases that have not been granted red books when the State recovers land. Graphics: Nhu Ha

The city supports and resetts for cases of using houses owned by the State that have not been granted certificates of land use rights, house ownership, have private premises, used separately before July 1, 2006, and are not subject to cases of land allocation not under proper authority.

Households and individuals using houses in collective housing areas that have not been granted certificates of land use rights, house ownership, have private premises, private use, and are not subject to cases of land allocation not within their authority are supported 60% of the compensation value for houses and land that are recovered, the area supported does not exceed the residential land allocation limit according to the regulations of the Hanoi People's Committee. See more...

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