Kunming Municipal People's Government recently issued the Notice on Several Measures to Further Promote the Steady and Healthy Development of the Real Estate Market in Kunming, aiming at promoting the steady and healthy development of the real estate market. These new measures are divided into regulating development and supply, strengthening factor guarantee, optimizing project planning and promoting residential consumption, covering 24 specific measures. The implementation of these measures will have a positive impact on the real estate market in Kunming, and it is also expected to have a certain pulling effect on the demand for sand and gravel.
Regulating development and supply is one of the important aspects of the new measures. In order to emphasize "no speculation in housing", Kunming will reasonably determine the supply scale of commercial and commercial land, scientifically adjust the rhythm of land supply, in order to support residents'rigid and improved demand for housing. This will help balance supply and demand and stabilize the real estate market, thus stimulating the willingness of buyers to buy and promoting the development of the real estate market. At the same time, if the real estate market is active, the demand for sand and gravel aggregates for related construction projects will also increase, which will have a positive impact on the sand and gravel industry.
Strengthening factor guarantee is also a key point of the new measures. Kunming will take a number of measures, such as bank guarantees to replace the scattered land integration performance bond, simplify the procedures of real estate development enterprises, so as to provide developers with a more convenient operating environment. This measure will help to improve the enthusiasm of housing enterprises, increase their investment in land resources, and then stimulate the demand for sand and gravel related to the real estate market. Because the development of real estate projects often requires a large number of sand and gravel aggregates as basic building materials, the increase in investment of real estate enterprises will directly drive the growth of demand for sand and gravel. Measures to
optimize project planning will also have a positive impact on the real estate market. Kunming will adjust the regulations on the calculation of the floor area ratio of the facilities allocated on the mixed residential and commercial land, and further optimize the planning conditions for urban renewal and transformation projects and affordable rental housing projects. These measures will help to improve the quality and attractiveness of real estate projects, thereby improving the willingness of buyers to buy and increasing the activity of the real estate market. With the recovery of the real estate market, the demand for building materials will also increase, including sand and gravel aggregates. The
new measures to promote residential consumption will also inject vitality into the real estate market. Kunming will encourage residents to buy houses and raise their consumption level by granting deed tax subsidies for house purchases and supporting flexible employees to participate in housing provident fund. This will directly stimulate the development of the real estate market, promote the construction of real estate projects, and stimulate the demand for sand and gravel. The 24 measures introduced by
Kunming have comprehensively promoted the development of the real estate market, boosted the confidence of buyers, increased the demand for housing, and thus played a positive role in stimulating the demand for sand and gravel. It is believed that with the implementation of these policies, the real estate market in Kunming will usher in better development prospects, and will also help the prosperity of the building materials industry such as sand and stone.
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