How to compensate for the transformation of cold storage in shantytowns

According to the provisions of relevant laws of our country, if the cold storage is demolished during the demolition and reconstruction of shantytowns, the compensation for the cold storage is generally based on the assessed value. Regulations on Expropriation and compensation of houses on state owned land Article 19 the compensation for the value of the expropriated house shall not be lower than the market price of the similar real estate of the expropriated house on the date of the announcement of the house expropriation decision. The value of the expropriated house shall be assessed and determined by a qualified real estate price assessment institution in accordance with the measures for house expropriation and assessment. If there is any objection to the value of the expropriated house determined by the appraisal, it may apply to the real estate price appraisal institution for review and appraisal. If there is any objection to the review results, it may apply to the real estate price evaluation expert committee for appraisal. The measures for house expropriation and evaluation shall be formulated by the competent department of housing and urban rural construction under the State Council. In the process of formulation, opinions shall be solicited from the public.