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Hangzhou home purchase limits relaxed

2014-07-29 10:34 Global Times Web Editor: Qin Dexing
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Three more cities including Hangzhou, capital of East China's Zhejiang Province have reportedly relaxed or canceled their home purchase limits.

Starting from Tuesday, local residents will not be required to offer documentary evidence of any existing apartments owned by their families when they plan to buy apartments in Xiaoshan and Yuhang districts, according to a notice released by Hangzhou Housing Security and Real Estate Management Bureau on its Weibo on Monday.

Homebuyers who plan to buy apartments with areas of over 140 square meters in downtown don't have to offer the documents, the notice said.

Residents in Shijiazhuang, capital of North China's Hebei Province, and Xuzhou, a city in East China's Jiangsu Province, will also not need to offer similar documents when they plan to buy apartments, local media reported on Monday.

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