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[Xinhua News] Evergrande Launched No-reason House Return to Challenge “More Fierce” Real Estate Market Competition

 Date:2015.04.16   Publisher:Evergrande Group

        On April 15th, Evergrande, a large real estate company, announced its launch of “No-reason House Return”. Relevant experts believe that under the background of the introduction of new policy on the real estate market by the Chinese government, the move will challenge the "unspoken rules" of the real estate industry, and would pull down the “domino” of the industry, making the survival of the fittest pattern of the domestic real estate market more obvious.
        According to the announcement dated April 15th, all Evergrande house buyers who had already implemented obligations of Subscription Document of Residential Building and Commodity House Purchase & Sales Contract without breach of contract, may return the house without any reason at any time from signing Subscription Document of Residential Building and Commodity House Purchase & Sales Contract and before conducting occupancy procedures.

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