The old house in the center of Suzhou will not be demolished.

The old house in the center of Suzhou will not be demolished.

Whether the old house in the center of Suzhou will be demolished or not, and in which area, you can wait for official documents. However, the relocation of old houses in gusu district has been in progress.

1. It is reported that on September 23, 2020, the People's Government of gusu district, Suzhou issued the Announcement on the Decision on the Expropriation of Houses on State-owned Land (Sanguanlong and Cang Xie) to expropriate the houses within the red line of the relocation project of some houses in the ancient city protection demonstration project (Pingjiang area). If houses are expropriated according to law, the right to use state-owned land shall be recovered at the same time.

2. The expropriated person of residential house can choose monetary compensation or property right exchange.

If monetary compensation is selected, the time point for evaluating the value of the house to be expropriated is the date of announcement of the house expropriation decision. If the expropriated residential residents promise in writing that they will no longer enjoy the policy housing security and commercial housing security stipulated in this scheme, they can be rewarded according to 25% of the value of the expropriated residential housing (excluding the interior decoration value of the housing and the value of the ground attachments or structures).

If property rights exchange is selected, the price difference shall be settled after calculating the value of the house used for property rights exchange and the value of the house to be expropriated at the same evaluation time. Involving housing attachments, no property rights exchange.

The compensation for expropriation of non-residential houses shall be implemented according to the documentNo. [20 13]7 of Fu Su Municipality.