"Buildings will be demolished in these areas!"

  • 2092 man
  • Okt 3, 2024

"In Baku, compensation for demolished buildings is regulated by the Ministry of Finance based on market value. The head of the Baku City Executive Power, Eldar Azizov, stated that new buildings will be constructed in place of the old ones, contributing to the city's development.

Out of 130 buildings listed, documents for 65 have been submitted to the State Committee for Urban Planning and Architecture. Residents will receive compensation and vacate their homes. In the first phase, the buildings to be demolished are located in the Binagadi, Khatai, Nizami, Nasimi, Sabunchu, and Sabail districts. Once the inventory is completed, the buildings will be demolished within a year."
©

0 Like

Similar news

Warehouses for Rent in Baku

Market research is just one of the services we provide. This time, we share some statistics from our...

10 Okt, 2023 Read more

"Old building or new building ?" #1

40-50 years ago, residential buildings were being massively constructed in our city. These buildings...

Sen 27, 2024 Read more

How is artificial intelligence useful in real estate?

In recent years, artificial intelligence (AI), evolving rapidly, has become an integral part of our ...

Fev 28, 2024 Read more

September 27 - Memorial Day

On Memorial Day, September 27, we solemnly remember with deep sorrow and respect our martyrs who sac...

10 Okt, 2023 Read more