Any news about the old renovation of the 53rd neighborhood in Hongkou District?

The scope of expropriation and demolition of Hongkou 53 neighborhood is included in the scope of old city reconstruction. The four boundaries of Hongkou 50 neighborhood are East Kowloon Road, South Yuhang Road and West Emei Road.

Article 17 of the Regulations on Expropriation and Compensation of Houses on State-owned Land stipulates that the compensation given to the expropriated person by the people's government at the city or county level that made the decision on house expropriation includes: 1) compensation for the value of the expropriated house; 2) Compensation for relocation and temporary resettlement caused by house expropriation; (three) compensation for the loss caused by the expropriation of houses. The people's governments at the city and county levels shall formulate measures for subsidies and incentives, and give subsidies and incentives to the expropriated people.