"Buildings will be demolished in these areas!"

  • 3637 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

Where is it more advisable to buy land in Baku?

Buying land in Baku as a long-term investment is a very attractive option. Land prices, especially i...

Avq 23, 2024 Read more

"Crescent Bay"

"Crescent Bay" — is a unique, multifunctional premium development located ...

The Establishment of the Television Tower and Attraction of Foreign Investors

Azerbaijan Television Tower is a key part of the country’s modern telecommunications infrastru...

Sen 28, 2024 Read more

Terrace

"In recent years, 15-20 years ago, when people were buying an apartment, they would ask about t...

İyul 25, 2024 Read more