The Ministry of Land and Resources yesterday announced the end of last year overseeing the Beijing, Shanghai and other 9 provinces, districts and municipalities 18 of the disposal of idle land progress. Due to the failure to start in time, Gongti 4th housing and Ancillary project developers Beijing Kai Xia Real Estate Development Co., Ltd. was fined 5.1 million yuan. At present, the project is already under construction. Beijing Kai Xia Real Estate Development Co., Ltd. developed Gongti 4th residential and ancillary projects, the contract agreed to start the time of September 24, 2006 before. The project was part of Earth construction in 2007, after the enterprise application planning adjustment and the reasons for the Olympic Games shutdown. Although the project was reopened in August 2009, it was a breach of contract due to the delay in timely application for the completion time. According to the relevant regulations, the City Land Bureau shall punish the penalty of 1% of the penalty of the land price, the fine amount is 5.1 million yuan, and suspend the trading behavior of the company and the former shareholder, Hong Kong Pacific Century Group and its affiliated companies in the land exchange market of Beijing city. At present, Kai Xia Company has paid 5.1 million yuan fine, the project is under construction. The remaining 4 Beijing projects under supervision--Suncun housing and ancillary projects developed by Yi Huan Tian and Real Estate Co., Ltd. in Beijing, China Resources Land Development (Beijing) Co., Ltd. developed the Mentougou Yongding Town Feng Village, a residential project, Beijing military building Dragon Real estate Development Limited liability company developed Huairou Dragon Town Project, Beijing Far River Real Estate Development Co., Ltd. Tongzhou Jade in the development of residential community (two) project, because the government caused the land is idle, so no punishment. 4 projects have been commenced within a specified period of time.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.
