What are the financing policies for real estate projects in Guilin?

Guilin's real estate project financing policies are as follows

1. Lingchuan issued a deed tax subsidy policy for purchasing non-residential commercial housing. On February 9th, the office of Lingchuan County People's Government issued the Reply of Lingchuan County People's Government Office on agreeing to issue policies to support the stable development of our county's real estate industry. The document points out that during the period from 202 11October1to 2021February 3 1, those who buy non-residential commercial houses in Lingchuan area and pay deed tax and contract filing can enjoy full deed tax subsidy (watermark date of purchase contract and tax-paid invoice)

2. Adjustment of the scope and mode of advance payment of property maintenance funds in Guilin On March 17, Guilin Property Maintenance Fund Management Center issued the Notice of Guilin Property Maintenance Fund Management Center on the advance payment of the first phase of special property maintenance funds. For the newly-built commercial housing that goes through the pre-sale and existing home sales procedures, the construction unit shall pay the maintenance fund in advance at one time before going through the pre-sale and existing home sales procedures. For commercial housing that the construction unit has not paid the maintenance funds in advance, the construction unit shall pay the maintenance funds of unsold houses in one lump sum before going through the formalities of pre-sale to cash sale. The introduction of the document is clear. Before handling the sales license, the developer should pay all the maintenance funds needed to apply for the pre-sale of the house in one lump sum in order to obtain the pre-sale certificate or the current sale certificate, and then collect the maintenance funds paid by the purchaser when signing the successful sales contract of the house.

3. Guilin issued the detailed rules for the implementation of "changing business to living". On June 2, the website of Guilin Natural Resources Bureau published the notice of "Detailed Rules for Adjusting Commercial-Residential Ratio of Real Estate Projects under Construction in Guilin (Trial)". The document clearly pointed out that if the real estate development project under construction is approved as a stock of non-residential commercial housing, those who meet the conditions can apply for adjusting the commercial-residential ratio. The scope of application of the detailed rules includes: within the administrative areas of Xiangshan District, Xiufeng District, Diecai District, Qixing District and Yanshan District of Guilin City, land transfer contracts have been signed before 1 1.6 in 2020, and construction has started. In the technical indicators of land, the commercial proportion is greater than 10%, and the plot ratio is greater than 1.0. Projects that have started construction, but the planned land use nature is pure commercial service industry and enjoy preferential policies for Guilin tourism land use; Projects located in the core business district and important commercial land determined by urban planning; Or a real estate development project that has started construction but is identified as idle land, in principle, it is not allowed to apply for adjusting the commercial-residential ratio. In terms of commercial market, commercial housing will reduce inventory, so that housing enterprises with more commercial projects can ease the pressure on sales and funds through this move; In the housing market, it will intensify competition; For property buyers, the choice of residential products has increased. The formal trial implementation of the detailed rules will further resolve the high inventory risk of non-residential commercial housing and lay the foundation for the overall stable and healthy operation of Guilin real estate market.