Legal basis: Notice of the People's Government of Putuo District of Shanghai on Determining the Subsidy Standard and Price Subsidy Coefficient Standard for House Demolition in this District.
Article 1 The subsidy standard in Xing Tao area If the demolished houses belong to Gu Xiang houses, simple houses and other incomplete houses, the subsidies in Xing Tao area shall apply. Xing Tao area subsidy is based on the principle of meeting the basic functions of the demolished houses, and is calculated according to the legal and valid real estate license and public housing lease certificate on the date of issuing the house demolition permit. The subsidy standard in Xing Tao is per household15m2 (building area).
The second price subsidy coefficient The price subsidy coefficient of the demolished houses in this area is 30%.