[CHINA HGS REAL ESTATE, INC. FORM 10-K For the Fiscal Year Ended September 30, 2011 INDEX Page PART I Item 1. Business 1] [CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER THE SARBANES-OXLEY ACT OF 2002 I, Xiaojun Zhu, certify that: 1. I have reviewed this Form 10-K of China HGS Real Estate Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the] [CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER 2. The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of China HGS Real Estate Inc. Xiaojun Zhu Chief Executive Officer Chief Financial Officer]

[Land Use Rights Transfer Agreement Party A: Hanzhong Guangsha Real Estate Development Ltd Party B: Shaanxi Guangsha Investment and Development Group Co., Ltd Party A and Party B reached to the following agreement: (1) Party A agreed to transfer the land use right covering 66 Mu property located in the West of Mingzhu street and close to Hanzhong airport to] [Loan Agreement Party A: Mr. Zhu Xiaojun Party B: Shaanxi Guangsha Investment and Development Group Co., Ltd Party B will join the land use right auction for commercial land use rights in Yang County. For the purpose of financing working capital, Party B borrows RMB 20,000,000 from Party A. The borrowing term is one month without interest. If the borrowing] [Item 1.01 Entry into a Material Definitive Agreement.]