Guangzhou Caesar's tens of millions of luxury homes are unfinished, and the owners have not closed their houses for five years. How to protect your rights?

The report said that I think community owners can unite to sue developers for rights protection.

If the developer stops construction because of insolvency, resulting in the house has been unable to be delivered, the buyer can spontaneously apply to the court for the developer to enter bankruptcy proceedings. Once the company enters bankruptcy proceedings, the court may organize the establishment of a bankruptcy liquidation group with the participation of relevant departments. The bankruptcy liquidation team will organize the bankruptcy reorganization of the development and restart the project through third-party capital injection.

First, what is this?

Recently, some buyers reported that the owner of Caissa No.1 in Guangzhou Financial City had not delivered the house for five years, which led to the unfinished situation. The real estate purchase contract stipulated the hardcover delivery at the end of 2020, and was later told to postpone it to the end of 202 1. Now it's the end of the year, but I'm told that I can't deliver the goods on time, and there is no hope for the compensation for delayed delivery promised by the previous sales. At present, the facade and glass of the building have not been completed, but there are no workers.

Second, this matter is related to problems in the developer's capital chain.

Detailed information shows that Caesar Group Holdings Limited is a large-scale comprehensive investment group in China, covering comprehensive development, urban renewal, health care, tourism industry and other industrial fields, with a huge scale. Since 20 18, the subsidiaries invested by Caesar have started to suffer losses. In June this year, its wealth management products exploded and the payment was overdue, exposing Caesar's liquidity problem. According to the data released by Caesar, Jinheng Wealth has not paid more than 300 million yuan, and the total amount of wealth management products is about 654.38+0.27 billion yuan, resulting in the suspension of payment of several properties in its real estate industry. The fundamental reason for Caesar's phenomenon is that there is a problem in his capital chain.

What do I think about this matter?

Now a suite is basically a lifelong effort of a family. I think the relevant departments should strictly control the flow of funds in the supervision account of the real estate industry, ensure that the funds are only used for construction projects, and the supervision account cannot have unknown flow of funds, so that everyone can buy a house. Smooth delivery.