Hunan: suspend the approval of new homestead in cities and counties with a de commercialization cycle of more than 24 months

Hunan Provincial Department of natural resources and Hunan Provincial Department of housing and urban rural development jointly issued the notice on implementing the regulation objectives of the real estate market and optimizing the approval of real estate land. If the inventory removal cycle of commercial housing in cities, prefectures, counties and urban areas is 13-36 months, the approval of new real estate development land should be strictly controlled; For cities and counties where the inventory removal cycle of non residential commercial housing exceeds 36 months for two consecutive quarters, the approval and listing transfer of new non residential commercial housing land will be suspended, except for provincial and municipal key investment projects and land for logistics and gas filling stations. The notice also made it clear that for cities and counties where the decontamination cycle of commercial housing exceeds 24 months, the approval of new commercial housing land will be suspended, and the listing and transfer scale of commercial housing land will be controlled within 20% of the supply of the previous year; For counties and urban areas where the decontamination cycle of non residential commercial housing exceeds 36 months, the approval and listing transfer of new non residential commercial housing land shall be suspended, except for provincial and municipal key investment projects and land for logistics and gas filling stations.