Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP
Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP

Evergrande surrenders two land parcels to Chengdu’s government after letting them sit idle for a decade

  • Idle land ‘is objectively detrimental to local development’, says analyst
  • Construction on ​​259,000 square meter and 84,000 square meter plots should have started in 2010 and 2011, government notices say

Topic |   China property
Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP
Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP
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