2014-07-16

Hebei Province Intervenes In Real Estate Market

Hebei province will cut the deed tax 50% for buyers of homes 90 sqm or less. It must be the buyer's only home, with buyer here defined as the family, including spouse and minor children.

河北出“救市”文件 购90平米以下房契税减半
Recently, Hebei provincial government promulgated the "Opinions on Promoting the implementation of sustainable and healthy development of the real estate market in Hebei Province" and from speeding up the construction of housing security and supply system and improve living standards, increase the real estate market supervision and other aspects of the guidance required to make . According to the "opinions", Hebei Province, the real estate market will be severely punished illegal acts carried out special rectification of the real estate market in Hebei province for three years, while increasing the protection of housing construction lease-type efforts to increase the supply of ordinary commercial housing.

1 year from the date of construction land delivered

Completed within three years from the date of start of

1 year from the date of delivery of construction land, within three years from the date of completion of the various types of housing projects started in the allocation decision to grant the contract or agreement. Intensify efforts to dispose of idle land for real estate, that accountability should be held in place, the land of liquidated damages charged to full charge, the charge idle land should be promptly recovered, the recovery is to be free to recover unpaid.

Three years in the real estate market in Hebei province to carry out special campaigns to crack down on illegal development and construction of real estate sales and other acts, through special campaigns, so that illegal activities have been effectively curbed real estate market to significantly improve the real estate market to further improve the management system and the system . Establish a sound real estate development enterprise into Hebei provinces filing system, strengthen capital management real estate development project.

Further strengthening of commercial pre (sales) sales management. Further improve the new housing and the stock of housing sales contracts signed and filed online, and effectively strengthen the sale of funds management, improve the regulatory system has not yet implemented the pre-sale financial supervision of municipalities and districts, to accelerate the development of real estate sale financial regulatory measures, and strive to end the city All real estate development project area to establish pre-funding regulatory system.

Further increase the proportion of small and medium-size commercial

Increase efforts in building affordable housing tenancy type

Increase the supply of ordinary commercial housing. "Opinions" requirement, effectively increase the supply of ordinary commercial housing to meet the housing needs effectively rigid, and gradually form a stable supply, the total balance echelon distinct housing system. Accelerate small and medium size housing project for the land, building and listing to form an effective supply, and further improve the proportion of small and medium-size apartment.

For the housing difficulties of urban low-income families, affordable housing is housing Dream hope. "Opinions" to increase efforts in building affordable housing lease type. The scientific development of the annual construction plan to build to be fixed, both quantity and quality. Actively and steadily make affordable housing merger good job running merger policy evaluation. Implementation of rent supplement separation gradient protection, and consider local financial ability to pay and affordability of housing security object, reasonably determine the gradient of rent subsidies, housing difficulties of urban low-income families to rent at a reasonable level.

90 square meters and the following individuals to purchase single family housing

Reduced rate of 1% levy deed

According to the "opinions", continue individual buyers about property tax tax ​​incentives for individuals to purchase ordinary housing, and the house belonging to the family (members include the purchase, the spouse and minor children, the same below) only housing, halved deed. For individuals to purchase 90 square meters and the following ordinary housing, and the house belongs to the family only housing, reduced rate of 1% levy deed. The transfer of individuals occupied more than five years, and is the sole income families living space, exempt from personal income tax.

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