Hangzhou Yuhang District: From now until March 31st, a subsidy of 50,000 yuan will be given for the purchase of new commercial housing in the entire district.

Hangzhou's Yuhang District Housing and Urban-Rural Development Bureau, along with the Yuhang District Finance Bureau, issued a notice on the 6th to promote the high-quality development of the real estate industry. The notice proposes to support and encourage housing consumption. It encourages real estate companies to carry out various forms of promotional activities, providing real discounts for homebuyers. Starting from the day of the notice until March 31, 2026, buyers of new commercial housing in the entire district will be granted a subsidy of 50,000 yuan per unit after obtaining the property rights certificate of the purchased new commercial housing.