Spark has bought a concrete plant in Gabala

Spark LLC, one of the largest concrete suppliers in Azerbaijan, has acquired a concrete plant in Gabala.

Emergencies Ministry to construct a residential building – tender winner announced

Emergencies Ministry declares tender winner for construction of a 400-apart house

The Ministry of Emergency Situations has announced the winner of the tender procedure of the State Agency for Construction Safety Supervision.

Apartment prices in Russia increased by 30%

Prices on the primary housing market in Russia increased by an average of 30% last year

Private and country houses in Baku observe decline in cost

Last month, prices for individual residential and country houses decreased in Baku.

Authorized capital of Akkord subsidiary reduced

The authorized capital of Hydraulic Mechanisms Company, a subsidiary of the Akkord Group of Companies, has decreased

A large Chinese company has gone bankrupt

Chinese real estate company Shimao Group plunged into debt.

Repair & restoration works in Shusha transferred to tender winner company

Economy Ministry sets up a construction company with large equity capital

A large building company, Construction & Supply Association LLC (under the Ministry of Economy of Azerbaijan) has been established.

White City Master Plan developer liquidated

Well-known British global architectural & engineering company Atkins, which developed the master plan of the Baku White City Project, is leaving the Azerbaijani market.

Social housing allotted in Ganja

Subsidized apartments have been put up for sale in the Ganja residential complex - another project of the State Housing Construction Agency

Prices for land plots in Baku have declined

MIDA to spend extra AZN 480,000 on a residential complex

MIDA LLC signed 2 contracts for construction of new buildings

MIDA LLC has signed a contract for AZN 14 million with construction firms Hunar and Conco CJSC

Manufacture of building materials in Azerbaijan increased over Jan-Nov

New standards for residential buildings presented

The height of residential premises from floor to ceiling should be at least 2.7 m in Azerbaijan.

Nursing homes should consist of maximum of 9 floors

Economy Ministry sets up a company

The State Tax Service under the Ministry of Economy has registered Construction & Supply Association LLC.

Support to real estate renting entrepreneurs suggested

One of the proposed amendments to the Tax Code relates to the provision of support to entrepreneurs renting out property.

Water supply to Kelbajar district provided

Azersu implements projects to improve public water supply