A view of the Thu Thiem new urban area project in HCM City’s District 2 (Photo: VNA) HCM City (VNS/VNA) –Ho Chi Minh City has decided to convert some 20,000 square metres of publicland into residential land to resettle nearly 200 households in the Thu Thiemnew urban area whose lands it wrongfully took over.
The management of the urbanarea said 198 households in Binh Khanh ward and some neighbouring areas havethe legal deeds that make them eligible for the land plots within the area. They are allowed to build a maximum of four floors.
The city People’s Committee hasinstructed the management to complete infrastructure like electricity, watersupply and sewage system before handing over the land to the resettledhouseholds.
They lived on a 4.3ha areaoutside the originally planned Thu Thiem new urban area, but “thecity government illegally took their land”, according to the GovernmentInspectorate.
Recently, the city approvedcompensation and resettlement for more than 330 households whoselands have been acquired, with those with ownership deeds getting new lotsof equivalent size and others who lived on land lots since before October 1993getting 30-40 percent of their holding (but not more than 200sq.m).
Households with agriculturallands, whether with or without documents, will get land lots of equivalentsize, but to convert them into residential land, they need to pay thenormal fees based on September 2018 rates.
Households who had lessthan 36sq.m of land will be resettled in condominiums instead.
Those who had morethan 200sq.m will get 200sq.m in land and the value of the rest incash based on official rates on May 7.
Speaking at a recent meeting, LeThanh Liem, Vice Chairman of the People’s Committee, said the affectedhouseholds would begin to get new land lots, apartments and cash next month.
The 657ha Thu Thiem newurban area is on the namesake peninsula facing District 1 across the Sai GonRiver.
The proposed financial districtand mixed-use urban area was expected to become the largest inner-citydevelopment in Southeast Asia when it was approved in 1996.
It took more than 10 years toacquire the land, with nearly 15,000 households already resettled.
More than 99 percent of theland has been cleared./.
VNA
