Nghe An: Provincial People's Council approves land price list for the period 2020 - 2024

Comrade Nguyen Xuan Son - Standing Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council chaired the discussion session and passed the resolution. Photo: Thanh Cuong

Accordingly, this resolution takes effect from January 1, 2020 to December 31, 2024. Subjects of application are state management agencies; organizations, households, individuals using land; relevant agencies, units, organizations, and individuals.

Based on the Resolution on the approval of the land price list in Nghe An province for the period 2020 - 2024, the Provincial People's Council assigned the Provincial People's Committee to promulgate the land price list in Nghe An province for the period from January 1, 2020 to December 31, 2024; at the same time, assigned the Standing Committee of the Provincial People's Council, the Committees of the Provincial People's Council and the Provincial People's Council delegates to supervise the implementation of this Resolution.

Delegates passed the resolution. Photo: Thanh Cuong

Specifically, the land price list for the period 2020 - 2024 is as follows:

1.Price list of residential land, rice-growing land, annual crop land, perennial crop land, production forest land, aquaculture land, salt-making land in 21 districts, cities and towns (Appendix 01 to Appendix 21 attached to this Resolution).

2.Land price list for non-agricultural production and business (excluding commercial and service land): Equal to 50% of the price of adjacent residential land (same location) or residential land with equivalent location (same route and infrastructure), but not lower than the minimum price as prescribed by the Government.

3.Commercial and service land price list: Equal to 55% of the price of adjacent residential land (same location) or residential land with equivalent location (same route and same infrastructure), but not lower than the minimum price as prescribed by the Government.

4.Land price list for production and business purposes serving mineral exploitation purposes: Equal to 100% of the price of adjacent residential land or equivalent location but not exceeding the maximum price of non-agricultural production and business land that is not commercial or service land according to Government regulations.

5.Price list of other types of land: Based on the price of residential land, production forest land, and agricultural land specified in the price list to determine the price.

6.For residential land plots and non-agricultural production and business land adjacent to at least 02 roads, based on the price list specified in Clause 1 and Clause 2 of this Article, the price is also determined as follows:

a) The price increase is at least 10% compared to other adjacent plots on the same street with higher prices.

b) For lots and plots of land with a depth of more than 30m from the road construction boundary, in addition to determining the corner lot price as above, the price of the remaining land area is determined as follows:

- Determine the price of the first 20m area along the road (position 1) in order from the road with the highest price to the road with the lowest price.

- The remaining area is determined according to the line with the highest price using the classification method in Clause 7 of this Article.

Cadastral officers count land for compensation and site clearance for construction and projects in the province. Photo: Mai Hoa

7.For residential land plots, commercial land, service land and non-agricultural production and business land that is not commercial or service land with a depth of more than 30m from the road construction boundary, the land price is determined according to the layering method to ensure that the price of the last layer of land is not lower than the land price of adjacent plots with equivalent locations, specifically:

a) The first 20m deep area along the road (location 1): Price is 100% of the price specified in the land price list;

b) The area from 20m to 40m deep: The price is 60% of the price specified in Point a of this Clause;

c) The area from 40m to 60m deep: Price is 40% of the price specified in Point a of this Clause;

d) The area from 60m to 200m deep: Price is 20% of the price specified in Point a of this Clause;

g) The area from 200m to the next 500m deep: Price is equal to 7% of the price specified in Point a of this Clause;

h) The remaining area over 500m deep: Price is 3% of the price specified in Point a of this Clause.