Shenzhen factory demolition compensation standard mainly includes the following parts:
Compensation for house value: According to the Implementation Measures of Shenzhen Municipality on House Expropriation and Compensation (Draft for Comment), the compensation for the value of the house to be expropriated shall not be lower than the market price of similar real estate on the day when the house expropriation decision is announced.
Demolition compensation and temporary resettlement: According to the provisions of the Measures for the Implementation of House Expropriation and Compensation in Shenzhen (Draft for Comment), the demolition compensation and temporary resettlement shall be implemented in accordance with relevant regulations.
Compensation for loss of production and business suspension: According to the Implementation Measures of Shenzhen Municipality on House Expropriation and Compensation (Draft for Comment), the compensation for loss of production and business suspension is determined according to the benefits before house expropriation and the period of production and business suspension. Specific measures shall be formulated by the District People's Government.
Other incentives and preferential policies: In order to encourage the expropriated people to cooperate with the house expropriation, the Shenzhen Municipal Government will introduce some incentives and preferential policies, such as signing contracts in advance and actively moving.
To sum up, the compensation standards for factory demolition in Shenzhen include housing value compensation, relocation compensation, temporary resettlement compensation, loss compensation for suspension of production and business, and other preferential policies. The specific amount of compensation standard will be determined according to different locations, uses and other factors to ensure that the legitimate rights and interests of the expropriated person are protected.
Legal basis:
Article 47 of the Land Administration Law of the People's Republic of China: If land is expropriated, compensation shall be given according to the original use of the expropriated land.
Article 21 of the Measures for the Implementation of House Expropriation and Compensation in Shenzhen (Draft for Comment): The house expropriation department shall organize the investigation and registration of the ownership, location, use and construction area of houses within the scope of house expropriation, and the expropriated person shall cooperate. The survey results shall be announced to the expropriated person within the scope of house expropriation.