Property Price Chart for Phu Ly City, Ha Nam

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If you're looking to refer to the Property Price Chart for Ha Nam Province, here's the prices for Phu Ly City. Refer to the compiled chart below by Mytour to determine the current land prices and make suitable buying or selling decisions.

Property prices for residential, agricultural, commercial lands... in Phu Ly are clearly defined in the latest Property Price Chart for Phu Ly City, Ha Nam Province. Although this chart is issued by the government and may differ from actual prices, it will serve as a basis to help you determine suitable land prices.

Property Price Chart for Ha Nam Province in 2020, Phu Ly City

1. Duration of Application of Property Price Chart in Phu Ly City

According to the Land Law, land prices are adjusted once every five years, so the Property Price Chart for Ha Nam Province has been revised, resulting in changes in land prices for districts and cities within Ha Nam province, including the Property Price Chart for Phu Ly City. This chart is effective from 1/1/2020 to 31/12/2024.

2. Localities Implementing Property Price Chart in Phu Ly City

The property price chart in Phu Ly City applies to all units within the jurisdiction of Phu Ly City such as:

- 11 wards: Tran Hung Dao, Thanh Tuyen, Thanh Chau, Quang Trung, Minh Khai, Luong Khanh Thien, Liem Chinh, Le Hong Phong, Lam Ha, Hai Ba Trung, Chau Son.
- 10 communes: Trinh Xa, Tien Tan, Tien Hiep, Tien Hai, Phu Van, Liem Tuyen, Liem Tiet, Liem Chung, Kim Binh, Dinh Xa.

The property price chart of Phu Ly City, Ha Nam is updated very specifically HERE.

Sample property price chart for reference in Phu Ly City

3. Safe Land Buying Experience, Risk Avoidance

After reviewing the property price chart of Phu Ly City, Ha Nam, you have identified the land area you intend to purchase. However, for added safety and risk avoidance, it's advisable to thoroughly research and follow the experiences below.

* Land Selection

- Understand the land area: First and foremost, you need to gather specific and detailed information about the land area. You should visit the land area to see if it's close to schools, hospitals, markets, or major roads. Check if the area has a higher population density. Additionally, you should visit the authorized agency to see if the land area is subject to clearance.
- Choose the land direction: According to ancestral beliefs, selecting a suitable direction for building a house will help the owner have a stable life, encounter more luck, and prosperity. Therefore, when buying land, you should pay attention to the direction of the land. According to feng shui, you should choose land facing southeast or south.

* Legal Check

Ensure Legal Compliance Before Buying Land for Safety

To ensure safety and avoid risks when buying land, you should request the seller to provide relevant documents related to the land such as the red book. Ideally, you should choose land with a red book to avoid disputes. Additionally, you should visit the notary office to check the legal status of the land you intend to buy.

* Land Payment

Deposit is considered a useful solution to help you buy suitable land and ensure civil aspects. However, when making a deposit, you should ensure that the land for sale is owned by the seller, not involved in planning issues, and then proceed to draft a deposit contract for buying and selling real estate for both parties to sign. If you are not familiar with this issue, you should consult with a lawyer to ensure your rights when buying land. Additionally, you should remember to only deposit 10 - 15% of the land value. After receiving the relevant documents for the land, you will pay 95% of the remaining total amount. When you and the seller go to the competent authority to issue a land authorization, transfer the red book, you will continue to pay the remaining amount to the seller.

Clear procedures for making a transfer contract are essential. This contract ensures the rights between the two parties, affirming you as the owner of the land. When signing, it's crucial to carefully read the contract, especially the terms.

Therefore, when buying land in Phu Ly, you need to update the Phu Ly City price chart and follow the experiences above to be able to buy the most beautiful, best-priced, and safest land. When buying land, checking the red book, pink book is also important, you need to pay attention to ensure convenient land purchase, avoid disputes later on.

The content is developed by the Mytour team with the aim of customer care and solely to inspire travel experiences. We do not take responsibility for or provide advice for other purposes.

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Frequently Asked Questions

What is the duration of the Property Price Chart for Phu Ly City?

The Property Price Chart for Phu Ly City is effective from January 1, 2020, to December 31, 2024, as per the updated land law regulations, which require revision every five years.

Which localities in Phu Ly City are included in the property price chart?

The property price chart in Phu Ly City applies to 11 wards and 10 communes, including areas like Tran Hung Dao, Thanh Tuyen, and Phu Van, among others.

How can I ensure the legal compliance when buying land in Phu Ly?

To ensure legal compliance, always request relevant documents like the red book from the seller, verify legal status at the notary office, and ensure the land has no planning disputes.

What steps should I take to avoid risks when purchasing land in Phu Ly?

To avoid risks, research the land area, ensure it's not part of clearance zones, choose the right direction, and always verify documents like the red book to ensure safety.

What is the recommended deposit amount when buying land in Phu Ly?

When making a land deposit, it's advisable to deposit 10-15% of the total land value. Ensure the land is not involved in any planning issues before proceeding with the contract.