Budget revenue of over 1,000 billion VND
In mid-November 2024, the Land Fund Development Center of Phuc Tho district coordinated with Vietnam Land Auction Joint Stock Company to organize an auction of residential land use rights for 12 plots of land in Doc Tranh area (Trach My Loc commune), Cong Cho area (Tich Giang commune) and Huong Nam area (Xuan Dinh commune).
The auction had a total of 123 applications, with 32 customers registering to bid for 12 plots of land. The auction process was conducted by the organizing unit in the form of a single round of secret ballot for all plots of land.
It is noted that the auction was conducted publicly, democratically, in accordance with the law, ensuring the rights of customers. As a result, 12 plots of land were successfully auctioned, bringing to the State budget of Phuc Tho district a total of nearly 43.7 billion VND.
According to Nguyen Anh Tuan, Director of the Land Fund Development Center of Phuc Tho District, the auction held in mid-November was one of a total of 14 auctions that the unit has coordinated with auction organizations to successfully conduct since the beginning of 2024.
Statistics show that the total area successfully auctioned from the beginning of 2024 to present in the communes of Phuc Tho district is nearly 37,000m2. The total auction winning amount is more than 1,006 billion VND. Notably, this figure reached 128.34% compared to the plan assigned by Hanoi City according to Decision 6336/QD-UBND dated December 12, 2023.
Proposal to adjust land price list
According to the assessment of the Land Fund Development Center of Phuc Tho district, although the results of land use rights auctions in recent times have been quite positive, the difficulties are not over yet.
The current situation is that consulting units determine the starting price to be high, equivalent to the actual transaction price on the market, so investors, organizations and individuals participating in the sessions do not have customers participating.
The above situation was recorded at auctions held in Gac Cho area (Tam Hiep commune), X1 area of Luc Xuan village (Vong Xuyen commune), or Huong Nam area (Xuan Dinh commune)...
Besides, although the real estate market in Phuc Tho district has improved compared to 2022 and 2023, it is still not as vibrant as in 2020 and 2021. Currently, the real estate market is gradually recovering, but there are problems in the approval step of starting prices...
To achieve the goal of generating revenue from auctions in 2024, Vice Chairman of Phuc Tho District People's Committee Le Van Thu said that he is currently continuing to request the District Land Fund Development Center to actively coordinate with departments, units under the district and People's Committees of communes in site clearance work.
Speed up the construction of technical infrastructure for the auction area; at the same time, implement steps to organize the auction of land plots to ensure efficiency and compliance with legal regulations.
The representative of Phuc Tho district added that because the current land price list is still low, to ensure the market price principle and the small difference between the auction price and the winning price, the locality requested the Department of Finance and the Department of Natural Resources and Environment to study and report to the Hanoi People's Committee to consider adjusting the land price list to create favorable conditions during the implementation process.
Source: https://kinhtedothi.vn/huyen-phuc-tho-tang-thu-ngan-sach-hieu-qua-tu-dau-gia-dat-806667.html
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