Localities to decide land compensation

Saturday, Jul 27, 2013 14:09

HA NOI (Biz Hub)— Land compensation in Ha Noi would be based on the market price as of tomorrow, according to the municipal People's Committee.

Accordingly, district level people's committees would survey land prices in their localities and propose compensation rates for each project to the city's People's Committee for approval.

For cases in specific relocation, the municipal Department of Finance was assigned to evaluate and approve selling prices to ensure compatibility with compensation rates.-VNS


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