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Dec 14, 2021 10:29 PM (GMT+8) · EqualOcean
Cailian news agency, Dec. 14, learned from the natural resources and Planning Bureau of Haikou City, Hainan province that 8 plots of Hengda Real Estate Group Hainan Co., Ltd. located in Haikou City were recovered by Haikou Municipal People's government free of charge. According to Haikou natural resources and Planning Bureau, according to the decision of Haikou Municipal People's government to recover the use right of state-owned construction land free of charge and the request for instructions of Haikou natural resources and Planning Bureau of Haikou Municipal Bureau of housing and urban rural development on recovering the land use right free of charge, the development and construction of 8 plots were not started for more than two years after the agreed commencement date for development due to company reasons, According to Article 14 of the measures for the disposal of idle land and Article 29 of the provisions of Hainan Province on the identification and disposal of idle land, it is decided to recover the use right of state-owned construction land of the following companies free of charge according to law. As the institution is unable to recover the following real estate property right certificates, it is hereby announced to be invalid in accordance with the relevant provisions of the detailed rules for the implementation of the Interim Regulations on real estate registration. According to the data, one of the above eight plots is located in the north of HongMian West Road, Haikou Bay, six in the northwest of Haidian Island, Haikou City, and one in the north of Binhai Avenue, Haikou City.

This text is a result of machine translation.