Gwanak-gu Leads Protection of Residents' Property Rights with Compensation for Long-Unexecuted Roads

Compensation for Landowners Unable to Exercise Property Rights Due to Long-Term Road Incorporation... Efforts to Improve Resident Convenience with Road Development around Euncheon-ro 24-gil and Construction of Smart Public Parking Lot

[Asia Economy Reporter Jongil Park] Gwanak-gu (Mayor Park Junhee) is promoting compensation for landowners whose land was incorporated into urban planning facilities (roads) in the 1960s and 1970s but has not been compensated for a long time.

This year, a budget of 22.9 billion KRW is being invested to proceed with compensation procedures for 29 sections of land totaling 7,089㎡.

From 2020 to 2022, the district plans to invest a total budget of 44.2 billion KRW for 55 sections of land totaling 13,806㎡, collecting owners' opinions as much as possible and promoting compensation.

Through this, the long-standing complaints of residents who have faced many restrictions on exercising property rights due to roads designated in urban planning will be resolved, enabling the maintenance of road functions and active management.

Additionally, the road construction project around Euncheon-ro 24-gil in Jungang-dong has completed the relocation and compensation of evictees, with construction starting in March and scheduled for completion in June.

Once the road is opened and a 6-meter road width is secured, it will be easier for fire trucks and rescue vehicles to enter, resolving safety issues for local residents and is expected to greatly help improve traffic conditions.

Furthermore, compensation for expanding resident convenience facilities, such as the construction of a new complex office building in Sinsa-dong and Miseong-dong, and the establishment of a new smart public parking lot in Nangok-dong, will also be promoted.

For detailed information about compensation, please contact the Gwanak-gu Construction Management Division.

Mayor Park Junhee said, “We aim to protect residents' property rights through road compensation that has not been executed for a long time and actively perform the original functions of roads,” adding, “We will do our best to promote various projects to improve road environments and enhance living convenience by collecting residents' opinions on inconveniences as much as possible.”

This content was produced with the assistance of AI translation services.