China Financial Daily

June 5, 2009

Housing developers, said the results of diagnostic rate of land development will be adjusted based on macro

Filed under: Financial News — Tags: — lily @ 3:50 am -0700

Housing developers, said the results of diagnostic rate of land development will be adjusted based on macro
After 2007, Beijing once again the development of a comprehensive survey of land utilization. Beijing Municipal Bureau of Statistics recently issued a circular, developers did not progress in the completion of the project, the future land use needs to become the focus of the investigation.

Needs of enterprises to take the investigation into the core

The beginning of last year, Beijing began to developers take to diminish the enthusiasm, and then repeated the phenomenon of land. Beginning of this year, home sales into the early Spring, developers get to warm gradually to upgrade. Beijing progress of the development and utilization of land, developers get much to demand, which led to the concern of the relevant departments.

Recently, the City Bureau of Statistics issued the “Beijing Real Estate Development Enterprises survey on the use of land development program.” In accordance with the program, Beijing, more than 3,000 were classified as real estate development enterprises surveyed, the survey for May 31 enterprises that have not yet completed before the project. Enterprises owned by the progress of real estate projects, companies get to the future needs of situation, are the core of the investigation. Starting from the 11th of this month, the company would be required to conduct their own making.

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