According to the Ali Asset Platform, the land use rights and projects under construction for the “Evergrande Hongqiao International” project will be auctioned at 10:00 on August 31. The starting price is about 7.843 billion yuan, the security deposit is 400 million yuan, and the price increase is 5 million yuan. The bidding period is 1 day. The target is located at No. 979, Shenchang Road, Minhang District, Shanghai. Among them, in terms of land use rights, the total area is 92,132.9 square meters, divided into two parcels of land, which are used for other commercial services, and the period of use is until February 2052; in terms of construction, the project is divided into two areas A and B, of which there are 8 buildings in Area A and 5 buildings in Area B.

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