Re-auction of 57 land plots in Thanh Oai district, rising beginning value

Re-auction of 57 land plots in Thanh Oai district, rising beginning value

August 18, 2024 Catherine Williams - Chief Editor Business

Thanh Oai District – Hanoi plans to re-auction 57 land plots in Cao Duong Commune on September 8, 2024. The beginning value of seven.3 million VND/m2 beforehand elevated to eight.8 million VND/m2.

Beforehand, as Tien Phong newspaper reported: The unit organizing the primary land public sale of Thanh Oai district for 57 plots of land in Cao Duong commune on August 17, 2024, introduced to cease organizing this public sale.

The reason being that Thanh Oai District Individuals’s Committee re-determines the beginning value for auctioning land use rights for 114 land plots in Cao Duong commune in accordance with Choice No. 46 dated July 18, 2024 of Hanoi Individuals’s Committee.

Not too long ago, Vietnam Public sale Joint Inventory Firm introduced the group of an public sale of the precise to make use of 57 land plots in Dam space, Muc Xa village, Cao Duong commune, Thanh Oai district, Hanoi metropolis (section 1). The land plots have an space of ​​74.63 – 134.69 m2.

The public sale for every plot of land might be carried out by direct secret poll as soon as. The re-auction is scheduled for 8:30 a.m. on September 8 at Thanh Oai District Gymnasium.

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In comparison with earlier than, the beginning value of land heaps elevated from 7.3 million VND/m2 to eight.8 million VND/m2, equal to 660 million VND to just about 1.2 billion VND/plot. From the brand new beginning value, prospects taking part in land auctions should pay a deposit of 20%, equal to 131.3 – 237 million VND, relying on totally different plots. The most recent fee time is 2 days earlier than the public sale.

The consultant of Thanh Oai District Individuals’s Committee mentioned that in comparison with the earlier beginning value, the beginning value of the public sale is larger. The reason being that the coefficient beforehand decided as Okay=2 is now decided as Okay=2.35 in accordance with Choice No. 46/2024/QD-UBND dated July 18, 2024 of Hanoi Individuals’s Committee on promulgating the coefficient for adjusting land costs in 2024 in accordance with the provisions of regulation.

Tran Hoang