Changing the land price list along with real estate valuation helps businesses determine the real price of their assets. Especially in the period when housing prices are increasing rapidly, Dong Nai is considered one of the increasingly profitable real estate markets. Therefore, the old regulations on land prices are no longer suitable and need to be changed to meet the current market development.
Due to the huge fluctuations in market land prices compared to the prescribed land prices, the land price table for the period of 2015-2019 is no longer suitable and needs adjustment. At the meeting on December 30, the representatives of the provincial Peoples Council reviewed and approved the Resolution on land price list of Dong Nai province in the period of 2020-2024 with changes in land prices in different areas in the province. .
The land price list of Dong Nai province in the period of 2020-2024 was signed and issued by the Peoples Committee of Dong Nai Province in Decision No. 49/2019 / QD-UBND. This Resolution is officially applied from January 1, 2020, so businesses and individuals should pay attention to learn in combination with the real estate price appraisal before deciding to buy, sell, transfer or invest. from ...
This land price list has a very large fluctuation compared to the current price list, but is still far from the market land price. However, land prices in areas, locations, road sections and routes have been reviewed and compared on a common ground. In order to ensure conformity within the province, as well as with the land price bracket set by the Government.
The highest increase is in communes in the districts:
Trang Bom (increase from 2.2 to 3 times)
Unification (increase 2.5 - 3 times)
Xuan Loc (increase 3-4 times)
Cam My (increase from 2.8 to 3.2 times)
Agricultural land in Bien Hoa City has many different rates of increase; the old wards have the lowest increase rate of 6 - 29%, the newly established wards have the highest increase of 4.3 times.
This group is adjusted to increase prices in most areas, locations and routes. In particular, urban residential land is supplemented with 14 new roads, bringing the total number of urban routes specified in the land price list to 510 and divided into 715 sections. Land prices in all routes increased, the common increase of 1.5 to 3 times compared to the current price. The highest price is VND 40 million / m2 on Road 30 - 4 (Bien Hoa City) and the lowest is VND 160,000 / m2 in Dinh Quan Town (Dinh Quan District).
The new price list reviews and adds 75 new routes, concentrated in the districts of Vinh Cuu, Xuan Loc, Trang Bom and Cam My. Increasing the total number of roads in rural areas specified in the land price list to 43 routes, divided into more than 1,000 sections. The price of land in all roads has increased, at least 1.2 times and the highest is 18 times higher than the current price at the Huong Lo 2 route - Long Hung commune (Bien Hoa City).
Includes land for construction of commercial, service and other facilities for business, commerce and services. This group of land is calculated corresponding to 70% of the land price in the same area, location, route ...
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According to Clause 2, Article 114 of the 2013 Land Law, the price list of land is used as a basis for the following cases:
- Calculating land use levies when the State recognizes residential land use rights of households or individuals for an area within the limit; It is allowed to change the purpose of using land from agricultural land, non-agricultural land other than residential land to residential land for the area within the quota of residential land allocation to households and individuals.
- Calculating land use tax.
- Calculating fees and charges in land management and use.
- Calculating fines for administrative violations in the field of land.
- Calculate compensation to the State for damage caused in land management and use.
- Calculating the value of land use right to pay for people who voluntarily return land to the State in case the land returned is land allocated by the State with land use levy payment, and recognized land use right with land use levy Use land and leased land with one-off payment of rent for the entire lease term.
To be consulted about land prices in Dong Nai as well as many other situations combined with the appraisal. Please look to Indochina International Investment & Appraisal Joint Stock Company (INA), one of the prestigious units and many years of experience in real estate appraisal and investment for assistance.
Indochina International Investment & Appraisal Joint Stock Company (INA)
Address: 121 Nguyen Van Troi, Ward 12, Phu Nhuan District, Ho Chi Minh City
Hotline: 0934 252 707 / Email: info@inavn.vn
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