On November 6, the Hangzhou Municipal Bureau of Planning and Natural Resources issued a notice on the listing and sale of state-owned construction land use rights in Hangzhou. It will sell 1 parcel of land using a listing method, with a starting price of 869.3.2 million yuan. The plot is for residential use and will be officially listed for sale on November 28, 2026. One parcel of land sold this time is located in Shangcheng District. The land plot is freely bid, and the bidders are determined according to the principle that the one with the higher price wins.

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