Ha Noi's red books' issuance reaches record high

Thursday, Dec 11, 2014 16:14

The number of red books issued in Ha Noi in 2014 is higher than combined quantity of previous years. –  Photo Venusland.com.vn

HA NOI (Biz Hub) – Data from Ha Noi Department of Environment and Natural Resources (DENR) show that the capital city has issued more than 40,000 house ownership certificates, or red books, this year.

People with red books are granted land-use rights and certificates of ownership over houses and land-related properties. To date, DENR has revealed that the number of red books issued has reached 101.25 per cent of their plan.

The number of red books that Ha Noi issued in 2014 alone is noticeably higher than the combined quantity of those granted in earlier years. DENR's statistics reveal that prior to 2014, Ha Noi had granted only 36,110 red books in total.

According to Nguyen Huu Nghia, DENR's deputy director, the record high number of issued red books is attributable to the public administration reform implemented by the department this year. These reforms include clear public announcements of regulations on red book issuance and the rights and responsibilities of relevant branches. DENR also issued relevant information to avoid overlap in the implementation of the regulations.

More importantly, the screening period for red book application files was shortened from 52 days to 20 days.

According to the department leader, the red book issuance system will still face future difficulties since the demand for red books mostly come from buyers of new residential projects.

Moreover, it takes time to check the legal status of projects and determine project implementation speed. Time should also be allocated to inspect whether the investor has violated any city regulation on environmental protection and construction planning. – VNS

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