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Directive 2008/ct-Ttg Dated: About Some Solutions That Promote The Development And Management Of Real Estate Market

Original Language Title: Chỉ thị 01/2008/CT-TTg: Về một số giải pháp đẩy mạnh phát triển và quản lý thị trường bất động sản

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Directive on a number of solutions to promote the development and management of the real estate market _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ the real estate market in our country but the new formation, but there have been positive developments, housing projects, public buildings, commercial service, manufacturing and business investment has been built and put into operation , used effectively, many housing areas, with urban infrastructure investment has been sync do change the face, urban landscape. The real estate market has attracted significant foreign and domestic capital, contributing to economic growth and social stability in the past year. The system of legal documents regulating activity of the real estate market has gradually improved, business investment environment more favorable for both domestic investors and foreign investors.
Besides the positive aspects, the activities of the real estate market over time has also revealed the surface of weak, unstable development and sustainability. In particular, in recent time in Ho Chi Minh City and Hanoi has happened bad reviews office leasing, apartment, transfer of land use right for individual housing construction increased local mutation in some projects, a certain number of areas. While the real estate market in some regions is still in poor condition, less transaction. The basic cause of the aforesaid situation is due to the supply of housing in Hanoi and Ho Chi Minh City recently limited compensation woes,, clearance difficult, input prices (materials, employees ...) increases as well as the impact of the financial market the currency had a direct influence on the situation of falling property prices. In the area of real estate price spike happened investors hold the status of aviation market to push the price up high; Government missing the test, control and timely processing of cases, raising speculation rates occur in the area. There is also an important cause is yet more local interest in the investment fund for social housing construction for low income for rent or rent to buy according to the provisions of the Housing Act. The status of speculation, pushing real estate transaction price up too high compared to the actual value of the good influence to investment activities revenue reduction for the budget, bad impact to psychological and social life. To remedy the inadequacies mentioned above, contribute to the development of real estate market healthy activities, promote economic growth and social welfare, the Prime Directive: 1. Ministry of construction: a) chairing and coordination with the ministries concerned research, modify the content related to the establishment , evaluation and approval of housing development projects in Decree No. 90/2006/ND-CP dated 6 September 2006 from the Government detailing and guiding the implementation of the law on decentralization towards the housing, remove the unreasonable stipulations to shorten the duration of the projects , encouraging investors to build diverse types of apartments with the area consistent with the object of low and medium-income, the Government in the first quarter of 2008;
b) presiding, in coordination with the ministries concerned research, drafting the Decree sanctioning administrative violations in the real estate business, the Government in the second quarter of 2008;
c) presiding, in coordination with the ministries concerned research issued the guidelines text of Decree 153/2007/ND-CP on October 15, 2007, detailing and guiding the implementation of the law on property sales in the first quarter of 2008;
d) presided, in coordination with the ministries concerned the study issued by the authority or the authority issued housing ownership limit to determine tax home, land under the provisions of tax legislation immediately after writing tax legislation related to property market are modified Supplement;
DD) direct the local urge to promote investment to build social housing, including from the central budget, local budget and other capital sources, ODA search to create the State's Housing Fund aims to gradually regulate the housing market;
e) intensify inspection, detection and handling of the breach in the real estate business activities according to the authority;
g) urge the ministries and local implementation of Directive No. 2007/CT-TTg dated 8 May 2007 from the Prime Minister about the law of real estate business.
2. Ministry of natural resources and the environment: a) presiding, in coordination with the ministries concerned to research additional amendments to the mechanism to specify the owner of the housing project, the new city was given land, leasing land in the direction of ensuring the selection of the investor have the experience, financial capacity sure, on the progress, and specific processing sanctions for cases of slow implementation, does not guarantee the progress of the regulations, the Government in the first quarter of 2008;
b) in the first quarter of 2008 issued under the authority of the text the Guide allows the investor housing development project, selected new urban forms of paid use of land under the provisions of Decree No. 84/2007/ND-CP dated 25 May 2007, the Government's additional rules regarding certificate of land use , land, land use rights, sequence, procedure for compensation, resettlement assistance when the State revoked the land and resolve complaints about land to facilitate the investors to reduce land costs, contribute to reduce the sale price, the price for rental housing in the project;
c) presiding, in coordination with the ministries concerned the study issued by the authority or the authority issued land-use limits to determine tax home, land under the provisions of tax legislation immediately after writing tax legislation related to property market are modified and supplements.
3. The Ministry of Finance: a) presiding, in coordination with the ministries concerned to research additional amendments and ordinances of tax under the direction of partially progressive tax with respect to the case of the owner, the owner of many homes, the land beyond the prescribed limit, home ground but not mined using aim to limit speculation , increase revenues for the budget, the Government in the first quarter of 2008;
b) presiding, in coordination with the ministries concerned to research additional amendments to the law on land use right transfer tax 22 June 1994 and the law amending and supplementing some articles of the law on land use right transfer tax no. 17/1999/QH10 on December 21, 1999 in the direction of reducing the tax rate for cases dealing the land transfer, construction land, in order to encourage organizations, households, and individuals, the Declaration of registration tax when making transactions, the transfer of land use rights, the Government in the first quarter of 2008;
c) presiding, in coordination with the ministries concerned to research additional amendments to Decree No. 177/1999/ND-CP on December 21, 1999 the Government stamp fees and Decree No. 47/2003/ND-CP dated 12 May 2003 by the Government on the amendments and supplements article 6 of Decree 177/1999/ND-CP on December 21, 1999 the Government fee contacts towards the discount rate (%) fee for contacts of cases registered ownership, property rights, land, the Government in the first quarter of 2008.
4. Industry has a responsibility to urge the ministries and local implementation of Directive No. 18/2007/CT-TTg dated January 8, 2007 by the Prime Minister on a number of urgent measures to curb price increases speed to market to contribute to stabilize property prices.
5. the people's committees of provinces and cities under central: a) check, review portfolios and progress for all the housing projects, new projects on the range; perform the recovery of the land for the project owner has allocated land or rent land but not yet implemented or slow deployment schedule in accordance with the law of the land;
b) take measures to handle the decision with regard to the case of land speculation, the sale, transfer of real property the rules of law, tax evasion as well as other cases of violation of the provisions of the law on land, houses and real estate business on the range;
c) report the situation to develop and manage real estate market locally sent the Ministry of construction before 1 February 2008 to General, reported the Prime Minister.
6. Ministers, heads of ministerial agencies, heads of government agencies, the Chairman of people's Committee of the province, the central cities in the function, the tasks are responsible for implementation of this directive strictly.
7. This directive have the effect after 15 days from the date The report.
8. The Ministry of construction, in cooperation with the Office of the Organization, Government checks, urging the implementation of this directive, periodic reports from the Prime Minister.