In the first two months of this year, the Department of Natural Resources and Environment of Ho Chi Minh City issued a total of 67,750 real estate certificates. On average, 1,129 certificates are issued every day.
The Department of Natural Resources and Environment (NRE) of Ho Chi Minh City has just reported to the City People’s Committee on the unit’s natural resources and environmental work in February 2024, including the progress of granting Certificates of land use rights and land use rights. Own housing and other assets attached to land (real estate certificate).
Specifically, in the first two months of 2024, Ho Chi Minh City Department of Natural Resources and Environment issued a total of 67,750 real estate certificates. On average, 1,129 real estate certificates are issued every day.
The number of real estate certificates issued in the first two months of 2024 increased by 18,798 compared to the first two months of 2023.
Ho Chi Minh City promotes the issuance of real estate certificates for home buyers in commercial housing projects. (Photo: Anh Phuong)
The 67,750 certificates issued in Ho Chi Minh City in the past two months are divided into 3 main groups, including: Registration of changes for 64,862 real estate certificates; issued 1,422 first-time real estate certificates; issued 1,466 real estate certificates to home buyers in commercial housing projects.
According to the Department of Natural Resources and Environment of Ho Chi Minh City, the rate of processing all types of documents for certification, registration of changes and registration of guaranteed house and land transactions in February 2024 increased on average by 72% compared to the same period in 2023. and down 11% compared to January 2024.
Regarding the issuance of first-time real estate certificates to organizations and individuals, Ho Chi Minh City Department of Natural Resources and Environment has issued 7,184 certificates in 2023. In addition, this agency has registered over 320,000 housing and land changes. Certificates for organizations and individuals.
It is estimated that for the whole year of 2023, Ho Chi Minh City Department of Natural Resources and Environment will generate revenue of VND 7,781 billion for the city budget from personal income tax and registration tax. At the same time, creating economic development capital of more than 755,510 billion VND from mortgage value and registered value of house and land changes.
