Regulations on Examination of Investment Plans for New Town Lands Sold or Leased Through Tendering Article 6

The investment schedule and construction contents in the investment plan shall meet the time limit of new town development and construction and the minimum degree of construction and utilization as announced by the authority.Unless otherwise regulated and called upon in the Notice of Tending Lands by the authorities concerned according to the requirement of actual construction usage and the development of the new town lands, the minimum degree of construction and utilization mentioned in the preceding paragraph refers to any of the following conditions:1.The value of building ameliorants invested and constructed is not less than 20% of the value of the invested land assessed under Paragraph 4, Article 8 of the act.2.The total floor area of constructional improvements of the invested construction shall be no less than one-half of the statutory floor area of the invested lands.Where the investor invests and develops dividedly in stages, the value of the building ameliorants invested and constructed in the first stage may not be less than 10% of the land value assessed under Paragraph 4, Article 8 of the Act, or the total volume of floor area of building ameliorants may not be less than 1/3 of floor area of the statutory volume of the invested land.