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Nanchang: Strictly restrict affiliated companies from bidding for the same residential land.
(www.thepaper.cn) On June 9th, it was learned from official website, the office of the People's Government of Nanchang City, Jiangxi Province that Nanchang issued the Notice on Further Strengthening the Regulation of Residential Land Supply (hereinafter referred to as the Notice), in which it was mentioned that affiliated companies were strictly restricted from participating in the same residential land bidding.

The "Notice" proposes that affiliated companies should be strictly restricted from participating in the same residential land bidding. "Limited housing price, limited land price" land bidders should meet the bidding conditions stipulated in the land transfer announcement, and at the time of registration, they promised in writing that their affiliated companies would not participate in the bidding for the same land. After the one-time land quotation is completed, the list of bidders will be announced and supervised. If an affiliated company participates in a land bidding at the same time and is reported or complained, it will be dealt with seriously according to the law and regulations after being verified by Nanchang Municipal Market Supervision Bureau.

Yan Yuejin, research director of the think tank center of Yiju Research Institute, told this newspaper that this policy is actually a policy to crack down on illegal land acquisition by housing enterprises through vest companies. Suzhou had similar regulations before, and Nanchang joined the queue of such regulations this time. In recent years, the rules of land acquisition in various places have been adjusted, including land acquisition by lottery. In order to increase the chances of land acquisition, housing enterprises often have various tricky operations, including registering vest companies to acquire land. Doing so will sometimes evade the supervision of public opinion, because the company's shareholding structure is very complicated, and it is difficult for the public to directly supervise the land acquisition behavior of such enterprises. The introduction of such a policy now will help standardize the registration behavior of housing enterprises and truly promote the stability of land acquisition order.

Suzhou Natural Resources and Planning Bureau issued a document on May 28, stipulating that "bidders bidding for commercial, residential and residential land in Suzhou and their subsidiaries directly and absolutely controlled shall not bid for the same commercial, residential and residential land; A company directly and absolutely controlled by the same natural person, legal person or other organization may not participate in the bidding of the same commercial and residential plot. If the intended bidder violates the regulations, it will be considered as a dishonest person who sells the right to use state-owned construction land, and it is forbidden to participate in the activities of selling the right to use state-owned construction land in Suzhou within three years after the act of dishonesty. Moreover, all the deposits they paid will not be refunded, and they reserve the right to claim for all the expenses incurred by the online listing of the plot. "

Some people related to real estate enterprises told this newspaper that many real estate enterprises will increase the success rate by setting up multiple "vests". "It is very common to set up a vest company to shoot land in the industry. The margin requirements in some cities are not high, so many companies will adopt this method to increase the success rate."

The person further gave an example to this newspaper. For example, in order to avoid the competition of the first-level subsidiaries of the same plot, real estate enterprises that want to set up vests will start to set up Sun Company under the subsidiaries of the city where the plot is located some time before the auction, and cross-acquire the land through companies with different equity levels, thus avoiding restrictions.

Nanchang's notice also stipulates that the price limit of residential land should be reasonably determined.

Nanchang Natural Resources Bureau reasonably determines the scale and specific plots of residential land in the annual land supply plan in accordance with the principle of "classified regulation" and combined with the situation of local real estate markets. Nanchang Housing Management Bureau scientifically sets the highest housing price according to the prices of new commercial housing and second-hand housing around the residential land to be sold.

The "Notice" stipulates that residential land can be sold at a "limited land price". The residential land with the highest price within the urban area of Nanchang (East Lake, West Lake, Qingyunpu Scenic Resort Scenic Area, Qingshan Lake, Honggutan District, Economic Development Zone, High-tech Zone and Wanli Administration Bureau) can be sold at a "limited land price" according to the real estate market situation and regulatory needs, and the highest price, the upper limit of land bidding and the one-time quotation range are set at the time of transfer, and the transaction mode adopts the compound mode of "online auction and one-time quotation". When the bidding in the "online auction" stage exceeds the bidding upper limit, it will be transferred to the "one-time quotation" stage; In the "one-time quotation" stage, the winner is determined according to the principle of being closest to the average value of all quotations.

In addition, Nanchang Natural Resources Bureau reasonably determines the starting price, bidding ceiling and one-time quotation range of land transfer according to the maximum price limit of residential land and the land market situation, and reports it to the municipal government for study and approval. At the same time, the notice also clarified the relevant requirements for land bidding. The announcement time of land transfer by means of "limited house price and limited land price" is 30 days, the bid bond ratio is 60%, and the payment period of transfer fee is 1 month, counting from the date of signing the transfer contract.