Chinese government starts taking steps to save a real estate company

The Chinese government has begun to take steps concerning a large real estate company that is under threat of default.

Data on subsidized apartments in Ganja to be unveiled soon

The sale of subsidized housing in Ganja residential complex, another project of the State Housing Construction Agency in the region will be announced soon

Draft general plan of Jabrail city to be prepared

This construction company to be liquidated

Socialtikinti OJSC is to conduct an extraordinary general meeting of shareholders

Private houses and cottages in Baku have grown in price more than by 6%

In August 2021, prices for private houses and cottages in Baku increased by 6.76% on the monthly basis and compared with the same term of 2020 the increase made up 5.39%

Head of Akkord subsidiary replaced

The head of another subsidiary of Akkord Industrial & Construction Investment Corporation has been replaced

A master plan on 3 more cities to be prepared - tender completed

A competition on urban planning underway

Emin Agalarov to build a shopping center in a Baku suburb

Construction of a Crocus Group shopping center is to start on the territory of resort settlement Sea Breeze in the suburbs of Baku

MIDA declares winner of tender contract for AZN 265,000

Bakı Demir Beton-8 operated at a loss last year

Bakı Demir Beton-8 OJSC finished 2020 with net loss of 495 manats (versus net profit of 4,816 manats in 2019)

Housing market prices have increased

The price index in the housing market of Azerbaijan for the 2nd quarter of this year has been published.

Living space transferred for use in Azerbaijan reduced for past 6 months

Azerbaijan has published the data on the total area of residential buildings commissioned for Jan-Jun 2021

MIDA has published data on registration of houses in Govsan residential complex

2,569 out of the 2,962 apartments located in Govsan residential complex have been registered

Azerbaijan launches export of cement abroad

ADY Express started exporting cement produced in Azerbaijan

A new plant to begin operating in Azerbaijan

Construction of a plant for the production of explosives is expected in Azerbaijan to meet the demand for industrial explosives

61 destroyed houses in Tovuz restored

Repair & restoration work was carried out in 61 houses that were damaged during the Tovuz battles.

Samples of repair of preferential apartments in Sumgait presented

Samples of repair of preferential apartments in Sumgait have been presented.

Statistics published on registration of residential and country houses

6,168 private residential and country houses submitted for primary state registration in Azerbaijan over Jan-May 2021

Data unveiled on property registered for past 5 months

Azerbaijan registered 119,175 property facilities for the first 5 months of this year, including 28,016 primary and 91,159 re– registered facilities

Karabakh Park to be built in center of Baku

A conceptual design of the park to be called Karabakh in the central part of Baku has been prepared.