Xi'an real estate new policy: support using housing provident fund for down payment, implement installment payment of land transfer fees

The notice issued by the Xi'an Municipal Government of Shaanxi Province on the implementation of measures to promote the stable and healthy development of the real estate market. The document proposes the implementation of installment payments for land transfer fees. Within one month after signing the land transfer contract, construction units can pay 50% of the land transfer price in advance and proceed with the pre-registration of state-owned construction land use rights, planning, construction, and other related procedures to support "land acquisition and immediate construction."