Summary
[Strictly investigate violations and continue to rectify the real estate market order]The Beijing Municipal Commission of Housing and Urban-Rural Development reported on the 12th that the department recently received media reports of violations in the sales process of multiple projects, and immediately conducted law enforcement inspections with relevant district housing and construction departments. It also issued a notice of ordering corrections to the violating companies, and immediately suspended online contracting for projects with serious problems. In the next step, Beijing will adopt such methods as unannounced inspections and key inspections to resolutely crack down on violations of laws and regulations. (Securities Times Network)
The Beijing Municipal Commission of Housing and Urban-rural Development reported on the 12th that the department recently received media reports of violations of multiple projects in the sales process. It immediately conducted law enforcement inspections with relevant district housing and construction departments, and issued a notice of ordering corrections to companies that violated regulations. For serious projects, the online contract will be suspended immediately. In the next step, Beijing will adopt such methods as unannounced inspections and key inspections to resolutely crack down on violations of laws and regulations.
(Source: Securities Times Net)
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