What should people do to buy Evergrande uncompleted residential flats?

People who have bought Evergrande's uncompleted residential flats can try the following measures: find ways to raise funds to apply for returning to work and protect their rights through legal means.

1. Try to raise funds and apply for resumption of work: If there is only the possibility of unfinished property, you can try to give the developer some time to see if he can raise funds and complete the follow-up project.

2. Rights protection through legal means: If the uncompleted residential building can no longer resume work, the buyer can sue the developer, ask him to bear the liability for breach of contract and pay the liquidated damages according to the contract, or apply to the court for auction of assets, and the obtained assets will be given priority to resume work, and the rest will be returned to the buyer in proportion.

Brief introduction of China Evergrande Group

China Evergrande Group, located in Shenzhen and formerly known as Evergrande Real Estate Group Co., Ltd., is an international enterprise group listed on the main board of Hong Kong Stock Exchange, integrating real estate planning and design, development and construction, and property management, and registered in Cayman Islands (UK).

16 On the evening of May, Evergrande Real Estate announced that it would launch a special resolution at the annual general meeting of shareholders on June 16 to change the Chinese name of the company from Evergrande Real Estate Group Co., Ltd. to China Evergrande Group. If the name change is successful, Evergrande will be a private enterprise that rarely uses Chinese prefix, which was only the patent of the giant of central enterprises in the past.

For this name change, the official explanation of Evergrande is that the company's business has become more diversified in recent years. In addition to the traditional real estate development business, it also actively expands industries such as finance, Internet, medical care, culture and tourism. Although property development is still the core business of the Company, the directors believe that the proposed change of company name will better reflect the diversified business strategy and corporate image of the Company.

The above contents refer to Baidu Encyclopedia-China Evergrande Group.