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Auction of land in a commune starts at 110 million VND per m2 – VnExpress

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Nam DinhNam Dinh Provincial People’s Committee has just approved the starting price to hold auctions of land use rights in 7 communes in My Loc district.

91 plots of land with approved starting price for auction are concentrated in My Thinh, My Thuan, My Tien, My Trung, and My Thanh communes with a total area of ​​more than 12,000m2, all for the purpose of housing. The total starting value of these land lots is more than 163 billion VND.

In particular, My Thang commune has 6 land lots approved by Nam Dinh Provincial People’s Committee, starting at 110 million VND per m2, equivalent to 9 to 11 billion VND per lot. These land lots have an area from 87.7 to 107.3m2, all located on the commune road from the border of My Hung commune to Thinh bridge.

In addition, 9 other land plots in My Thang commune were also approved with a starting price of 30 to 50 million VND per m2, equivalent to 2.3 to 5.2 billion VND per lot depending on the area.

Hoanh Bo – Cao Son expressway connects Nam Dinh with Ninh Binh. Photo: Pham Chieu

My Phuc commune also has 7 plots of land included in this auction plan. In particular, the land plots are concentrated in the area of ​​Vinh Giang and 38A roads, with starting rates from 15 to 22 million VND per m2. Land plots in other communes have starting prices from 1.5 to 7.5 million VND per square meter.

According to the My Loc district portal, in early 2021, this locality also approved 125 land lots in the urban area of ​​My Loc town and 5 communes for auction. 124 land lots were then successfully auctioned, earning more than 147 billion VND.

My Loc district is located adjacent to Nam Dinh city, is oriented to become a commercial and industrial service belt area in the gateway area of ​​the province. This district has just had the My Thuan industrial park project of more than 158 hectares, approved by the Prime Minister for investment. Besides, a complex project of service, commerce, resort, high-class entertainment and smart city with a scale of 1,500 hectares is called for investment by the Nam Dinh Provincial People’s Committee in 2021.

Ngoc Diem

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