The 21st meeting of the 10th-term People’s Council of Dong Nai province for the 2021-2026 term has just passed a resolution to adopt a percentage rate for calculating land rental rates for cases of annual land rental payment without auction, land rental rates for the construction of underground works (not the underground part of the works constructed on the ground), and land rental rates for land areas with water surfaces in Dong Nai province.
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Specifically, the rate for communes in the district remains at 1%; for wards in Bien Hoa city and Long Khanh city, it increases from 1% to 1.2%, and for communes in the two cities and towns in the districts, it is 1.1%. For communes in ethnic minority and mountainous areas and land used as production and business grounds for investment projects in the sector of investment incentives or special investment incentives, the rate is adjusted from 0.75% to 0.5%.
The regulation of the percentage rate for calculating land rental rates, differentiated by region between urban and rural areas, and land used as production and business grounds for investment projects in the sector of investment incentives or special investment incentives, aims to attract investment and create competitiveness in the context of economic difficulties.
The People’s Council of Dong Nai also passed a resolution regulating the fee for land use right certificates, ownership of houses, and other assets attached to the land in Dong Nai province.
Accordingly, the fee is adjusted to increase by 20% compared to the current rate stipulated in Resolution No. 09/2020/NQ-HĐND issued by the Provincial People’s Council in 2020. The resolution also exempts the following subjects from the fee: individuals with revolutionary merits, poor households according to the province’s standards, the elderly, disabled people, and households with severely disabled members.
The Alluring Proposal: Unveiling the Suggestion to Increase Land Rental Prices in Dong Nai’s Four Industrial Parks
The province of Dong Nai has proposed a rental price increase for four of its industrial parks, with a significant rise of between 17 and 43% for the 2020 – 2025 period. This proposal is part of a broader adjustment and supplement to the land price framework, which will have a profound impact on the region’s industrial landscape.
The Master Plan: Unveiling the Transformational Projects by Novaland and Nam Long in Bien Hoa City
C4 is an expansive district spanning across 1,500 hectares of land, and it’s about to undergo a significant transformation. With the recent approval of adjustments to the general planning of Bien Hoa City by the People’s Committee of Dong Nai Province, the legal obstacles hindering numerous real estate projects in this area will soon be resolved. This paves the way for exciting developments and a potential boom in the local property market.
Unveiling Inspection Conclusions for Three Ministries and a Province
The Government Inspectorate has publicly announced 3 findings from its inspection of the performance of official duties by officers, civil servants, and public employees in handling administrative procedures and providing public services to citizens and businesses in the Ministry of Natural Resources and Environment, the Ministry of Transport, and the People’s Committee of Dong Nai province.