Shanghai Inverted Building incident restitution plan issued

Shanghai Minhang News Office 12th announced the latest progress of the incident in Shanghai.　　On the issue of compensation for owners of uncompleted floors of Lotus River View Garden, the relevant government departments held a communication meeting on the afternoon of 12th to inform them of the framework for the follow-up of uncompleted pre-sale contracts. It is understood that three kinds of framework for: 1, such as the buyer agreed to perform the contract, the developers appropriate concessions, at the same time to introduce a company, the buyer to provide joint and several liability guarantee, 2, conditional release of pre-sale contract, return this return. The plan said, "because the quality and safety of the failure of the floor has not reached a final conclusion, buyers should continue to fulfill the purchase contract according to law." However, considering the actual situation of the case, the developer agreed to terminate the contract in advance, refund the principal and return the interest.　　"3, the introduction of Third-party companies, to the June 27, 2009 market prices to buy home buyers." Details of the above three options will be announced on July 31, and buyers can choose between August 1 and August 15. It is also understood that the original site will no longer rebuild housing, the specific planning program will be reported to the government departments for approval.