China's real estate regulation to further raise the threshold of land transfer

China News agency Beijing March 10 after the "Country Four", "Country 11" and other regulatory policies, the Chinese authorities to further control the real estate market. The Ministry of Land and Resources 10th issued a notice to clear the provision of affordable housing, commercial housing land transfer, the fight against hoarding and other specific requirements, all-round strengthening of the market supervision. At the same time through the Land Bidders qualification review, strictly standardize the land transfer price, and other means to further improve the threshold of land transfer. 299a68 for the implementation of the "State Council on the promotion of stable and healthy development of the real estate market notice" (That is, "11") requirements, strengthen the supervision according to law, enhance the land policy to participate in the real estate market macro-control of pertinence and flexibility, the Ministry of Land and Resources 10th announced the Circular on issues related to strengthening the supply and regulation of land for real estate. Require all parts to ensure the provision of affordable housing, protection of housing, slum upgrading and residential housing for small and medium-sized residential building land, not less than 70% of the total supply of housing construction land.　　The subsidized housing land may not be engaged in commercial real estate development, because the urban planning adjustment needs to be changed, the Government should withdraw it and choose the supply of plots. At the same time, strictly standardize the commercial housing land transfer behavior. The minimum price of land transfer is required to be less than 70% of the benchmark land price of the location of the lease, and the bidding margin shall not be less than 20% of the lowest price. Dispose of idle real estate land strictly according to law.　　The land and resources management departments shall forbid them to take part in the bidding in a certain period of time, if the land is not paid, the land is idle, the land is scrambled, the scale of exploitation exceeds the actual development capacity and the land use contract is not fulfilled. Notice request, strictly standardize the land to sell the reserve price.　　After the sale of land, must be signed within 10 working days of the contract, the contract signed within 1 months after the sale of the first payment of the price 50%, the balance must be paid in accordance with the contract, the latest payment time must not exceed one year. For high prices, as well as prices rise too fast city, the notice requires "all over the selection of land, according to the government to determine the price-limit housing projects using bid-price method," the transfer of lands, play to curb house prices rise too fast adjustment role.　　and strict control of large sets of housing construction land, is strictly prohibited to the villa. It is reported that in March-July this year, the Ministry of Land and Resources will be in the national organization to carry out the special inspection of real estate problems. Inspection focus is the real estate land, especially for the use of affordable housing, unauthorized change of use, illegal supply of land construction villas, violating the laws and regulations of idle land, hoarding land and so on. Finish)