Interpretation of the full text of Chengdu's purchase restriction rules

On October 1, 2116, the Chengdu Municipal Government approved the Notice on Several Measures for Promoting the Stable and Healthy Development of the Real Estate Market in Chengdu issued by the Housing Authority and other departments. The circular stipulates that housing purchases are restricted in Chengdu High-tech Zone, Chengdu Tianfu New District, Jinjiang District, Qingyang District, jinniu district, Wuhou District, chenghua district, Longquanyi District, Xindu District, Wenjiang District, Shuangliu District and Pixian County, and natural persons and legal persons with the same identity can only purchase 1 new sets of commercial housing (except that the legal entity has purchased commercial housing with its own funds and used it for employees' self-occupation). Strictly implement the credit policy of housing restricted areas, and the down payment ratio of commercial personal housing loans for the purchase of second homes is not less than 41%.

The following is the full text

Several Measures for Promoting the Stable and Healthy Development of the Real Estate Market in Our City have been approved by the municipal government, and are hereby forwarded to you. Please implement them carefully.

General Office of Chengdu Municipal People's Government

October 1, 2116

Several measures to promote the stable and healthy development of the real estate market in our city

(Municipal Housing Authority, Municipal Development and Reform Commission, Municipal Bureau of Land and Resources, Municipal Construction Committee, Municipal Planning Bureau, Municipal Administration for Industry and Commerce, Municipal Finance Office, Municipal Government Information Office)

In order to fully implement the national real estate market regulation policy, the municipal government's Opinions on Promoting Supply-side Structural Reform to Promote the Healthy Development of the real estate market in our city (Cheng Fufa

1. Strict planning and use management

It is strictly forbidden to adjust the nature of the land for the project without authorization. Those who adjust the nature of the land without authorization shall not apply for the Construction Project Planning Permit or the planning verification. Strictly manage the floor area ratio of real estate development projects, and require rectification within a time limit for construction projects that are not implemented according to the planning permission; If it cannot be corrected, all the income beyond the capacity area shall be confiscated, and relevant responsible units such as development enterprises shall be included in the integrity management.

II. Precise regulation and control of land supply

Precise regulation and control shall be carried out according to the relevant requirements of Cheng Fu Fa [2116] No.17 document. For areas with tight sales of commercial housing, the scale of land supply will be increased in a timely manner, the pace of land supply will be moderately accelerated, and land prices will be effectively controlled to ensure the demand for residential land that meets the level of economic and social development.

Third, speed up the construction of the project

Seriously investigate and deal with the behavior of not starting or completing the development project within the prescribed time limit. After obtaining the leased land, the development enterprise shall start construction within the time limit agreed in the contract. Where the construction is not started and completed on schedule, which constitutes idle land, it shall be disposed of according to law by collecting idle land fees and recovering land use rights according to relevant regulations, and the credit of the enterprise shall be deducted according to the bad credit record. Where there is a major bad credit record, it will be restricted to participate in the land bidding in this city within 3 years.

Fourth, regional housing purchase restriction is implemented

Housing purchase restriction is implemented in Chengdu High-tech Zone, Chengdu Tianfu New District, Jinjiang District, Qingyang District, jinniu district, Wuhou District, chenghua district, Longquanyi District, Xindu District, Wenjiang District, Shuangliu District and Pixian County, and natural persons and legal persons with the same identity can only purchase 1 new sets of commercial housing (the legal entity is indeed purchasing commercial housing with its own funds after examination and Strictly implement the credit policy of housing restricted areas, and the down payment ratio of commercial personal housing loans for the purchase of second homes is not less than 41%.

V. Strengthening the management of commercial housing sales

Improve the filing rules of commercial housing sales plans and strengthen the guidance of commodity housing declaration prices. If the declared price of commercial housing is significantly higher than the surrounding real estate, the competent price department shall, jointly with relevant departments, verify the price before accepting the application for pre-sale permit and spot sale of commercial housing; If the same project is built and sold by stages, the price growth rate shall not be higher than the per capita disposable income growth rate of urban residents. Strict management of online signing and filing of commodity housing contracts is strictly prohibited. After online signing and filing of commodity housing contracts, it will not be changed or cancelled.

VI. Standardizing the sales behavior of commercial housing

A development enterprise should disclose all saleable houses to the public at one time within 11 days after obtaining the pre-sale permit of commercial housing and filing the current sale, and set up a publicity system of commercial housing sales information in a prominent position at the sales site according to regulations to reflect the sales status of the houses in time and sell them to the outside world at a price of one room and one price.

Real estate development enterprises and intermediaries are not allowed to engage in property hoarding, hoarding houses, speculating house numbers, malicious speculation, driving up house prices, providing down payment for individuals in violation of regulations, and publishing false transaction information, etc., otherwise, the online signing of commercial housing sales contracts will be closed, the acceptance of pre-sale permits for subsequent projects of development enterprises will be suspended, the online signing of intermediary institutions' stock houses will be cancelled, and the credit scores of development enterprises and intermediaries will be reduced and publicly exposed. Those suspected of violating the law will be dealt with by public security organs according to law.

VII. Remediation of market violations

Intensify investigation and punishment, severely punish illegal real estate advertisements, illegal contracts and unfair competition behaviors, focusing on investigating and punishing real estate advertisements that contain promises of return on investment, false promises of registered permanent residence and further education and employment, fraudulent contract behaviors such as defrauding deposits and deposits, and unfair competition behaviors such as malicious speculation and price gouging. Those suspected of violating the law shall be dealt with by public security, industry and commerce authorities according to law.

VIII. Strengthening the supervision of sales price

Strictly investigate and deal with illegal acts such as unclear price tag, violation of the one-room one-price rule, actual sales price higher than the declared price, driving up house prices, etc., and focus on checking items with abnormal prices and concentrated consumer complaints. If the circumstances are serious, the development enterprise shall be downgraded in accordance with the law until its qualification is cancelled; It is forbidden for development enterprises and their affiliated enterprises to enter the land market in our city within 3 years to participate in land bidding, auction and listing transfer activities to purchase land.

IX. Prevention and control of market financial risks

Strengthen the supervision of pre-sale funds of commercial housing to ensure that they are earmarked for engineering construction. It is strictly forbidden for Internet finance companies, microfinance companies and other institutions to engage in financial leveraged fund-raising business such as down payment loans, crowdfunding house purchases, and bridge loans, and conduct a comprehensive inventory and strict supervision of such institutions. Severely punish suspected illegal fund-raising in real estate transactions.

X. Effectively strengthen housing security

Improve the trinity housing security system of "rent, sale and compensation", effectively solve the housing difficulties of low-and middle-income families, and ensure that eligible families with housing difficulties should be fully insured.

Xi. Severely crack down on rumors and troubles

Severely crack down on making false information and spreading rumors. Those suspected of breaking the law will be dealt with by the public security organs according to law, and individual media and individuals who fabricate information, make false reports and make rumors and troubles will be held accountable according to law.

this measure shall come into force as of the date of issuance.

That's all for the full text interpretation of Chengdu's purchase restriction rules. Whether Chengdu's purchase restriction will be cancelled or further tightened in the future depends on the development of the local real estate market. Chengdu citizens can pay more attention to it. If you have any questions about the relevant purchase restriction knowledge, no matter which aspect, you can ask our lawyer to answer them for you.