Hunan Liuyang Economic Development Zone: House buyers will receive a subsidy equaling with deed tax

The Management Committee of Liuyang Economic and Technological Development Zone of Hunan Province issued the Supplementary Notice on “Several Measures of Liuyang Economic and Technological Development Zone to Support the Stable and Healthy Development of the Real Estate Market”. The document states that anyone who purchases new commercial housing within the zone and completes online signing and contract filing between September 1 to October 31, 2023, can obtain a house purchase subsidy equivalent to the amount of deed tax paid. From August 1 to August 31, 2023, and from November 1 to December 31, 2023, a house purchase subsidy will be issued based on 60% of the actually paid deed tax to buyers.