'Hanam Gyosan Public Housing District Compensation "Announcement and Inspection"'
[Asia Economy (Suwon) = Reporter Lee Young-gyu] GH (Gyeonggi Housing and Urban Corporation) has announced and opened for inspection the compensation plan for land included in the 3rd New Town Hanam Gyosan Public Housing District.
GH will be responsible for compensating all land and objects on 2,772 parcels of land included in the Hanam Gyosan Public Housing District, located in Deokpung-dong, Sinjang-dong, Changwoo-dong, and Cheonhyeon-dong areas of Hanam City.
Landowners within the compensation area can inspect the records by presenting their ID cards until the 24th of this month. If there are any objections, they can submit a written objection form.
Starting with this announcement of the compensation plan, GH will sequentially proceed with land appraisal in October, negotiated compensation in December, and compensation for fixtures will be conducted later after a separate announcement.
The Hanam Gyosan Public Housing District development project is a project aimed for completion in 2028, with a total project cost of 14.48 trillion KRW, supplying 32,000 housing units.
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GH plans to contribute to the government's plan to supply 300,000 housing units in the metropolitan area through a 30% equity participation.
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