In other words, once the apartment building is demolished, one suite will be demolished to compensate four suites. This is because the total area of apartment buildings is generally small, so developers have lower costs when building buildings. However, because it is an apartment-style house with superior geographical location, the price of natural rental will be relatively high. When the house is demolished in the future, there won't be much loss in the face of such high compensation, and there is no requirement to limit the purchase of apartment buildings, even those who are not qualified to buy houses.
The law does not force the compensation for apartment relocation to be three times that of the house, but only according to the actual evaluation price of the apartment. Specific reference to the local demolition policy and demolition agreement for compensation, compensation costs also include relocation subsidies.
Compensation for house demolition shall be calculated at the unit price of square meters according to the structure and depreciation degree of the house to be demolished. One compensation for three refers to the demolition of three square meters. The general demolition area will be subject to the construction area recorded in the real estate license. If there is a big difference between the real estate license area and the actual area, or if there is no real estate license, the construction area recorded in the relevant approval documents shall prevail. If the actual construction area is less than the construction area recorded in the relevant approval documents, the actual construction area shall prevail. The building area is the total building area, including the basement area. No matter how high a single-story house is, it is calculated as one story. The bottom floors of single-storey houses and multi-storey houses are calculated according to the horizontal area of the periphery above the external wall of the house, and the second floor and above of the multi-storey house are calculated according to the horizontal area of the external wall. The basement is calculated according to the horizontal area of the periphery of the flowing external wall.
Legal basis:
Land Management Law of the People's Republic of China
Article 79 If a unit or individual that has no right to approve the expropriation or use of land illegally approves the occupation of land, or illegally approves the occupation of land beyond the approval authority, or fails to approve the occupation or use of land according to the purposes determined in the overall land use plan, or approves the occupation or use of land in violation of the procedures prescribed by law, its approval document is invalid. And the directly responsible person in charge and other directly responsible personnel who illegally approve the expropriation or use of land shall be punished according to law; If a crime is constituted, criminal responsibility shall be investigated according to law. The land illegally approved for use shall be recovered, and if the parties refuse to return it, it shall be punished as illegal occupation of land.
Whoever illegally approves the requisition or use of land and causes losses to the parties concerned shall be liable for compensation according to law.