"Buildings will be demolished in these areas!"

  • 3422 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

Terrace

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

İyul 25, 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

Baku Real Estate Market 2025: Trends and Forecasts

Baku's real estate market has shown significant growth in recent years, and this growth is expec...

Avq 20, 2024 Read more

Comfortable Living in a Small Apartment

When buying an apartment, people usually choose according to their financial means. Apartments diffe...

Sen 12, 2024 Read more