PREVENTING REAL ESTATE INVESTMENT, VIRTUAL

In the areas where projects are expected to be implemented in Quang Tri, there are real estate speculation activities that cause virtual fever, there is a phenomenon of "inflating the price" of land.

On March 2, Quang Tri Provincial Peoples Committee issued a document on assessing and controlling the risk of a real estate "bubble" and strengthening the management of the real estate market situation in the province.

According to the Peoples Committee of Quang Tri province, over the past time, the real estate market in the province has had a positive signal. However, there are still some limitations, some organizations and individuals have not yet complied with regulations on real estate business.

In areas where projects are expected to be implemented in the area such as residential areas, urban areas, economic zones, industrial zones, and rural areas, there have been real estate speculation activities causing "virtual fever". , there is a phenomenon of price blowing making the land value not match the prevailing market price. In addition, there are signs that institutional investors raise capital for the transfer in contravention of the law, inflate to advertise and sell when the process and procedures are incomplete and have not yet invested in infrastructure. The project affects the socio-economic development of the province and the healthy development of the real estate market, causing difficulties for state management and social order in the area.

In order to overcome and control well the real estate market in the province, avoid the risk of a real estate "bubble", ensure stability, security and order, and attract and call for investment projects; Provincial Peoples Committee requests: Peoples Committees of districts, towns and cities to monitor and capture information and developments of the real estate market in the area; strengthen the management, supervision, inspection and inspection; have appropriate solutions to prevent spreading rumors, investing according to the psychology of the crowd, etc., causing instability in the market, adversely affecting local social order and security and peoples lives. ; at the same time, strictly handle cases of brokerage, real estate trading, real estate projects... that violate the law on land, real estate business and relevant laws...

Promote propaganda and dissemination so that people do not participate in real estate transactions when they are not eligible. Organize public announcement of master plans, plans on land use, investment projects for infrastructure development, and local real estate projects to make information transparent and prevent spreading rumors. , "speculation" to push prices for illegal profit...

The Department of Construction needs to strengthen the strict management of real estate projects, especially real estate formed in the future, to ensure that putting real estate into business and transferring real estate projects must meet all the following conditions: sue in accordance with the law on real estate business; implement and guide localities to inspect and correct real estate brokerage activities to ensure compliance with the provisions of law...

The Provincial Peoples Committee also proposed the Department of Natural Resources and Environment to focus on reviewing and inspecting the organization of auctions of land use rights, especially in cases of abnormal symptoms, and handle according to their competence cases of land use rights. violate the legal provisions on auction of land use rights; promptly detect inadequacies in legal regulations to advise and propose the Provincial Peoples Committee to amend, adjust and supplement, to prevent profiteering, and at the same time strictly handle acts of abusing auctions to cause disturbances. market...

Provincial police proactively check and capture information to handle organizations and individuals showing signs of fraud, manipulation, instigating, agitating and destabilizing the real estate market.

The Peoples Committee of Quang Tri province also assigned other relevant authorities to coordinate to control the real estate market well, avoid the risk of a real estate "bubble", ensure stability, security, order and attract tourists. , calling for investment projects.