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Hovnanian International Company Builds Detached Houses Of New Type -

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  • Hovnanian International Company Builds Detached Houses Of New Type -

    HOVNANIAN INTERNATIONAL COMPANY BUILDS DETACHED HOUSES OF NEW TYPE - TOWNHOUSES IN VAHAKNI RESIDENTIAL COMMUNITY

    Noyan Tapan
    Sep 24, 2008

    YEREVAN, SEPTEMBER 24, NOYAN TAPAN. "Townhouses" of a new type are
    being constructed in the Vahakni residential community on the outskirts
    of Yerevan. As Lilit Martirosian - the CEO of Hovnanian International
    company implementing this project - stated at the opening ceremony of
    a detached house, there are six models of townhouses with different
    areas: the smallest house has an area of 122 square meters, while
    the largest one occupies 172 square meters.

    Bishop Ter-Anushavan Zhamkochian blessed the newly-built houses and
    wished success to the familiy of Vahak Hovnanian - the founder of
    Hovnanian International, famous U.S. businessman of Armenian origin.

    The head of Yerevan's Ajapniak district Ruben Hovsepian thanked the
    company for building such a beatiful residential community in their
    district and for assisting with solution of a number of problems,
    including the problem of greenery planting.

    "Let your work rather than you speak," Vahak Hovnanian stated in his
    short speech.

    After the end of the official part of the ceremony, those present had
    an opportunity to become acquainted with several townhouse models. It
    was announced that the company will continue building such houses.

    The event included various attractions and entertainments.

    Hovnanian International was founded in 1998 by Vahak Hovnanian with
    the aim of housing and industrial real estate property development in
    Armenia. It is planned to have 700 detached houses and 2,300 apartments
    based on unique architectural solutions along with special city
    amenities and infrastructures in the Vahakni residential community,
    which was designed and built by the company and is located 11.6 km
    from downtown Yerevan. It is envisaged constructing a modern trade
    center in the community in the near future where local and foreign
    companies will have the opportunity to open their shops and offices.
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