The highest increase in housing prices observed in Turkey

The dynamics of housing prices in 150 cities of the world has been studied. Istanbul (Turkey) took the 1st place with an increase of 185%. Istanbul is followed by Ankara, Izmir and Miami (USA).

Russia-Ukraine war not bypass housing market of Baku

Demand for rental housing in Moscow decreased

After the announcement of mobilization in Russia on 21, requests for apartment rentals in Moscow decreased by 15% compared with the previous week.

Real estate valuation in Shusha to cost AZN 410,000

Azerbaijani citizens increase house purchases in Turkey

The number of apartments that Azerbaijani citizens bought in Turkey in August 2022 has become known.

Special Representative: Construction of 150 houses completed in Agali

Currently, the construction of 150 houses has been completed in Agali, finishing works are underway. Families will also be relocated to these houses.

MIDA transfers tender to same company for second time

A TIR park under construction at customs border checkpoint Sadarak

MIDA operated at a loss in 2021

The State Housing Construction Agency (MIDA) completed 2021 with profit of AZN 1.509 million.

Residential buildings to be constructed in these liberated districts

The Reconstruction, Construction & Management Service No 1 in East Zangezur Economic District is expanding its directions.

Rent of apartments has risen in price in Baku

There is not much left before the start of classes in higher educational institutions. This means that students living in different regions of Azerbaijan go to the capital in search of rental housing.

Repair of Khachinchay reservoir to cost AZN 10 million – contract signed

Employment Agency signs a contract with fraud-accused company

The State Employment Agency has summed up the results of the tender procedure for the "purchase of office space for rent".

Kazakhstani company to start construction of Center for the Development of Creativity for Children in Fuzuli

The Kazakh company BI Group has been involved in construction work in Fuzuli, head of the Export and Investment Promotion Agency Yusif Abdullayev told the first meeting of the Kazakh-Azerbaijani Business Council in Baku

More than AZN 14 million financed for construction of 6 houses in Fuzuli

A large amount of capital withdrawn from Akkord logistics center

The authorized capital of Akkord Logistics Center LLC has sharply decreased.

Kontinent Inshaat owes over 500,000 manats to state

Well-known company Kontinent Inshaat LLC has owed to the state more than half a million manats in taxes.

A Turkish company constructs a business center in Sumgait

4 MAPS Bilgi Teknolojileri (Turkey) will build a 7-storey business center on the territory (1.5 hectares) of an industrial park in Sumgait.

Building materials production grew in 1st half of this year

Over Jan-Jun 2022, Azerbaijan produced building materials for AZN 520.5 million (33.4% more versus 1st half of 2021), according to the State Statistics Committee.

Azerbaijanis occupy 10th place among Moscow housing buyers 

A bridge across gorge under construction in Karabakh first time – Photo