development and construction investment has accounted for a total investment

development and construction investment has accounted for a total investment of less than 25%, to suspend the development and construction of state-owned land for construction of at least one year, can be identified idle land. "previous versions, the identified time idle is" self-compensation for the use of state-owned land contract entered into force or the date of issuance of land administrative departments of construction land ratification. Chain of home real estate market research Chen Xue told the Economic Information Daily "reporters, revised more reasonable definition of" large land or take land of the Commonwealth, the land started planning time with small plots or land are very different agreed start date of the contract as a starting point to identify the 'idle' or not, have the maneuverability. "In addition, the revision is clear, for the identified land idle for the full year" 20% of the land transfer price collection idle land, idle land shall not be included in the cost of production. The original version, idle for the idle full year fee collection standards for the land price below 20%. It is worth noting that the revision "deemed idle for two years, to recover unpaid" requirement has not changed. Beijing Zhongyuan market research department, told the Economic Information Daily "reporters, despite China's real estate market has been developing over the years, but most of the developers profit model is still dependent on the appreciation of land" because the rate of return obtained by relying on the development of different residential products is not high, at all levels of city, especially second-tier city, cover to the phenomenon is very common. "" The recent market rebound, the market is also expected some changes, the Department of Homeland choose this time node to publish the revised version of the idle land approach, which urged the developers to develop, as soon as possible to avoid the hoard to the approved residential land cover to phenomena from the front. "China Real Estate Association, vice president of Chan Kwok-keung stressed to the Economic Information Daily" reporters, "At the same time, but also re-emphasized from the side real estate policy continues to be tight. "" If the amendment is really strict implementation, there will be a lot of companies need to pay idle costs, the funding chain tight control since the companies will further impact. "Mr Chan said," Since last regulation Housing prices generally choose to slow down the development of rhythm, in response to the control policy. the Department of Homeland move will help to urge the enterprises to develop the stock of land as soon as possible, or continue to select the 'price cuts heavy volume' strategy. With the Land Department announced this revised version of the idle land approach echoes the building housing the Ministry of the current real estate market situation and future policy direction once again stressed that "adhere to the real estate market regulation policy unswervingly.