It is reported that the Miyun District Government of Beijing has publicized the Notice on Taking Over the Shangheyuan Project of Beijing Evergrande, and said that it will do a good job after taking over in accordance with regulations to protect the legitimate rights and interests of property buyers.
Evergrande Shangheyuan Project, developed by China Evergrande Group, is located in Chengbei West Road, Miyun District, Beijing, and is a large residential community. There are many problems in the development of this project, which have caused complaints and rights protection of property buyers.
According to reports, the reason why the government took over the project was that Evergrande Group failed to fulfill its relevant commitments, resulting in damage to the rights and interests of buyers.
It should be noted that the specific situation may change due to different time and place. It is recommended that you know the latest relevant information and consult local government departments or relevant institutions to better understand the situation.