Qaradağ Tikinti Quraşdırma is being reorganized

Qaradağ Tikinti Quraşdırma, the leading industrial enterprise of Azerbaijan, is being reorganized by separation

Housing cooperative with capital of over AZN 1 million changes its name

Housing & construction cooperative Guven, which has a large authorized capital, has changed its name.

German specialist to head an Azerbaijani company

About AZN 100 million to be spent on construction of a building in Baku

MIDA LLC has finished seven open tender procedures for the construction of 30 residential buildings in Govsan settlement of Surakhani district of Baku.

MIDA sold housing using ICGF mortgage loans

MIDA sold 70% of the housing using loans from the Mortgage & Credit Guarantee Fund (ICGF).

240 new elevators delivered to Baku

Last year Lifttəmir production association brought 581 new elevators from Germany to Baku and installed them

New special-purpose vehicles brought to Baku

16 out of 25 German-made special purpose vehicles were delivered to Baku, planned for this year

Manufacture of building materials has grown

The total cost of Azerbaijan’s production of construction materials for Jan-Oct 2020 reached AZN 614.7 million

Entrepreneur who changed facade of a Baku historic building punished

Azerbaijan will cooperate with this country in the field of urban development

Chairman of the State Committee for urban planning and architecture Anar Guliyev received Japanese Ambassador to Azerbaijan Junichi WADA.

Cost of land plots rises, but there is a fall on rent

The price of land plots increased by 12.46% in September (versus September 2019)

Expert about current cost of apartments in Baku

Prices on the secondary housing market in Baku increased by 1.81% versus September 2019

President approved a new law

President Ilham Aliyev has approved the law on the amendments to the Code of Urban Planning & Construction of Azerbaijan

3 more populated localities to be changed like Balakhani - competition announced

The Baku Architecture & Urban Development Department has announced a competition for architectural and planning solutions in the Ramana, Pirshagi and Amirjan settlements

Over past 9 months private companies met 85% of total construction works

Decline reported on production of some building materials

The manufacture of construction materials in Azerbaijan grew by 25.9% over Jan-Sept 2020.

Azerbaijan observed a rise of production of some building materials

The total cost of production of construction materials reached AZN 576.3 million for Jan-Sept 2020

Number of apartments sold on MIDA line announced

The sale of apartments in the Govsan residential complex has been announced as part of another project of the State Housing Construction Agency

MIDA`s net profit for 2019 exceeds AZN 5.3 million

The State Housing Construction Agency completed 2019 with profit of AZN 5.34 million

Azerbaijan observed decline of building materials for past 8 months

The State Statistics Committee has published statistical data on the production of construction materials for Jan-Aug 2020

Fabrication of building materials has increased

The total cost of manufacture in the field of building materials for Jan-Aug 2020 amounted to AZN 497.3 million (fall of 1.8% versus Jan-Aug 2019).