On August 1, the Government Office said that the Government issued Decree 94/2024/ND-CP detailing a number of articles of the Law on Real Estate Business (Real Estate) on building and managing information systems. information and database on housing and real estate market.
The Decree clearly states that the housing and real estate market database is built in accordance with the overall national digital architecture framework and local e-government architecture.
The sharing of data on housing and the real estate market between relevant ministries, branches and localities to serve state management and resolve administrative procedures is carried out in accordance with the Government's regulations on management and implementation. Connect and share digital data of state agencies and laws on electronic transactions.
Building a database on housing and the real estate market is carried out according to regulations on: Collecting information and data; share and provide information and data; receive, process, and store information and data; Deadline for sharing and providing information and data about housing and the real estate market.
According to the Decree, sources of information and data collection: From periodic reports according to regulations; From specialized databases, data on housing development programs and plans; From data, results, reports of housing investigation and statistics programs; From available data on digitized housing and real estate markets.
The housing and real estate market information system management agency is responsible for receiving information and data shared and provided by agencies and organizations according to regulations to integrate into the database on housing and real estate markets. housing and real estate market.
People's Committees of provinces and centrally run cities collect, update and supplement information and data on local housing and real estate markets to promptly serve management and socio-economic development.
Before putting real estate or real estate projects into business, real estate project investors must publicly disclose and provide information about real estate and real estate projects according to the provisions of: Clause 2, Clause 3, Clause 4, Clause 5, Article 6 of the Law on Real Estate Business; Article 4 of Decree No. 96/ND-CP dated July 22, 2024 details a number of articles of the Law on Real Estate Business and Article 9 of this Decree according to Form No. 9.
In case of transferring all or part of the project, the investor receiving the transfer shall provide information and data on the structure of the transferred real estate according to Form No. 10; The transferring investor must adjust and revise information and data about the project.
The housing and real estate market information system management agency provides new accounts and instructions for accessing, declaring, and providing information and data to investors receiving transfers.
Declare and provide information and data on transaction status: Quantity and value of real estate transactions of the project in the reporting period according to Form No. 11.
According to the Decree, agencies participating in building and maintaining databases on housing and real estate markets are allowed to exploit data within the scope of their agency's management.
Exploitation of housing and real estate market data outside the scope of management must be approved by the housing and real estate market information system management agency.
State management agencies are required to connect and share information about housing and related real estate markets to serve state management, investigation activities, verification and handling of violations. law.
