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What is the nature of demolition and resettlement houses?
The following are:
Demolition and resettlement houses are houses built by the government to resettle the relocated households when carrying out urban road construction and other public facilities construction projects.
According to the provisions of relevant laws and policies, resettlement houses are generally divided into two categories:
One is the supporting commercial housing built by residents due to major municipal projects or the low-priced commercial housing purchased. For example, the demolition of the World Expo on both sides of Huangpu River. According to the relevant regulations, if the demolished person obtains the supporting commercial house, the property right of the house belongs to the individual, but it shall not be listed and traded within 5 years after obtaining the ownership.
The other is the low-priced commercial housing (relative to the market price) relocated due to real estate development and other factors, which is resettled or purchased by the relocation company through other means.
Demolition and resettlement housing? Baidu baike
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