Five plots failed to start on time exposure of China Resources Pacific Branch fined

Five plots did not start on time was exposed four enterprises to take the qualification was suspended because of overdue, and other reasons, five plots yesterday by the Beijing Land and Resources Bureau exposure. It is also thought to be the first response to Beijing's rapid reaction after the Ministry of Land has just released 19 of the land market.　　According to the City Land Bureau "on the Ministry of Land to oversee the 5 cases of disposal of the announcement", including the Hong Kong Pacific Century Group, China Resources and other five companies "overdue" project of the reasons and disposal results are published. City Land Bureau related officials said that the similar projects will be further clean-up and verification, but also the real estate development land supply and development and utilization of the entire supervision.　　　　It is reported that these five plots were publicized reasons for not according to the contract time to start, due to the reasons for the delays are different, the city Land Bureau of four of them made a moratorium on the Beijing land trading market transactions. The punishment of the five plots the project of Gongti No. 4th of the Beijing Kai Xia Real Estate Development Co., Ltd. of Hong Kong Pacific Group, which was started in August 2009, has exceeded the commencement time stipulated in the land transfer contract, and has not applied for the delay of the completion time in time.　　　　The city land and resources Bureau imposed fines on it and suspended the trading behavior of the company and its former shareholders, Hong Kong Pacific Century Group and its affiliated companies in the Beijing Land exchange market. China Resources Land Development (Beijing) Co., Ltd. Mentougou Yongding Town Feng Cun first stage residence project is affected by the approval process, resulting in its failure to start on time, the city's land and resources limited to start before March 31, 2010, overdue, will be dealt with according to law, and then suspend the development of China Resources Land (Beijing)　　　　The trading behavior of limited company and its controlling shareholder and the holding corporation of the shareholder in the land exchange market of Beijing city. Beijing Yi Huan days and Real Estate Co., Ltd. Daxing Sun House and ancillary projects affected by the approval process of government departments, resulting in its failure to start on time, the city's land resources limited by the commencement of March 31, 2010, overdue, will be dealt with according to law,　　　　And then suspend Beijing Yi Huan days and Real Estate Co., Ltd. and its controlling shareholders and the shareholders of the holding company in the Beijing Land exchange market transactions. Beijing Far River Real Estate Development Co., Ltd. Tongzhou Jade Qiao City Residential District (two) the original primary development of the project land to the subject of the failure to submit to the assignee, and affected by the relevant examination and approval procedures, resulting in its failure to start on time.　　　　The city's land and resources limited to start on March 31, 2010, overdue, will be dealt with according to law, and then suspended Beijing far River Real Estate Development Co., Ltd. and its controlling shareholders and the shareholders of the holding company in Beijing land exchange market transactions. Beijing military Building Dragon Real Estate Development Co., Ltd. Huairou yulong Small Town Project project is mainly affected by the new Town planning adjustment, resulting in its failure to start on schedule and the project has now started construction, to avoid punishment.