Announcement

Collapse
No announcement yet.

RA Government Launches Housing Construction Program In Country's Reg

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • RA Government Launches Housing Construction Program In Country's Reg

    RA GOVERNMENT LAUNCHES HOUSING CONSTRUCTION PROGRAM IN COUNTRY'S REGIONS

    PanARMENIAN.Net
    October 15, 2010 - 14:41 AMT 09:41 GMT

    Armenian Deputy Minister of Sport and Youth Affairs Arsen Karamyan
    said that as a result of studies it was decided to implement Support
    to Dwelling Construction for Young Families program in two regions
    of Armenia - Syunik and Tavush, as there is a clear demand and
    creditability for new dwellings purchase.

    According to Karamyan, this is the first large-scale program of
    housing construction in the country's regions, but for construction
    works in the earthquake zone. "We will contribute to the development
    of the housing space through this initiative. Besides, the program
    is in compliance with the governmental concept on equal development
    of regions. In my opinion, the program will be implemented also in
    other regions of Armenia," Karamyan said.

    Pointing to the fact that the program reads that the dwellings are
    provided at lower prices compared to market ones, a PanARMENIAN.Net
    reporter asked Karamyan to comment on high payments for the dwellings -
    AMD 195,000/1sq.m.

    However, Karamyan noted that the market prices for dwellings in Kapan
    make around $800/1sq.m. "In such case, the payment of AMD 195,000
    rather differs from market prices. Besides, the beneficiaries can use
    lax credits," Karamyan said, adding that around 17% of the dwelling
    cost is the share of construction materials transportation, most of
    which are delivered from Yerevan.

    Karamyan noted that the dwellings are completely repaired, gasified
    and supplied with a heating system.




    From: A. Papazian
Working...
X