Sunday, October 10, 2010

Shanghai real estate control policies introduced Countdown

"We still can not determine the small family planning standards put a specific timetable." Yesterday, the Shanghai real estate bureau in the acceptance of an interview with Shanghai Oriental Morning Post said, the real estate industry in Shanghai were not yet disclosed details of regulatory policy. It is reported that Shanghai-related rules early in September has been reported to the State Ministry for approval, specific rules to implement the results to wait for final approval, is expected to include housing structure, foreign investment, land management and low-cost housing, and many other content.

According to the media, the Shanghai Housing and Land Resources Administration as early as six weeks ago had drafted the first draft of the relevant regulatory rules, and is expected to be announced after the National Day holiday, but now appears to be delayed release time.

Under the May 29 National Nine ministries and commissions jointly issued "on the adjustment of housing supply structure and stability of Housing Prices" explicitly require that "all levels of urban housing construction plan to the end of September 2006 prior to the public, municipalities, separately listed cities , the provincial capital city of People's housing construction plan to the Ministry of Construction reported the record. "This means that the implementation of control over the implementation details have to meet before the 30th of this month.

While no official version, but the initial version of the Shanghai planning rules have gradually surfaced.

In August, a number of large real estate developers in Shanghai Real Estate Bureau convened a meeting was to discuss the details of the development on Shanghai.

In mid-August, the Shanghai Municipal Real Estate Bureau issued Notice No. 1 of land transfer, all the residential plots are already planning the proportion of small apartment 90 square meters have strict requirements. In addition to two pieces of land which required Minhang Unit of the total building area of 90 square meters 80%, the other residential sites require this proportion to 70%.

Early in September, Shanghai began to refine the specific requirements of planning. A regional real estate bureau told the Shanghai Oriental Morning Post staff reporter, in accordance with the Municipal Real Estate Bureau of the telephone notification, planning broadly defined as "more than 50% within the inner ring, inner and outer ring more than 70%, 74% more than the outer ring" .

In addition to Shanghai, the rest of the country, including Shenzhen, Beijing and other areas has been made available, "view" rule.

Quickest is in Shenzhen. June 20, Shenzhen issued the Implementing Rules: Unit needs 90 square meters account for more than 70% of the project area. Since then, Dalian, Xi'an and other regions also extend similar rules for project control policy.

Early July, the Ministry of Construction "on the implementation of the mix of new homes required a number of opinions" issued to provide construction area of 90 sq m size apartment housing (including affordable housing) area must be developed proportion of the total area of more than 70% . Prior to the project will be provided to control the relaxation of the total area of control. September 4, Beijing introduced the "strengthening of the housing structure, planning and management notice", notice is not specified in the control of the proportion of small apartment, but pointed out that on September 1 approval from the new housing project will implement the new approval process, a clear asked to list the following 90 square meters of housing a total area of condominiums and the proportion of the total project area and 90 sq m of total copy number of housing and other planning approvals data for statistical share of total 90 square meters of residential area ratio.

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