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YEREVAN MAYOR: RESIDENTS OF BYUZAND STREET DEMAND TWICE AS MUCH MONEY
COMPENSATION AS THE COST OF THEIR PROPERTY
YEREVAN, SEPTEMBER 9. ARMINFO. "Residents of Byuzand street demand
twice as much money compensation as the cost of their property,"
Yerevan mayor Yervand Zakharyan told journalists today.
He said for each sq.m of floor space the authorities provide
$900-$1,000, and resident demand $2,000-$2,500. Mayor said during the
last 3-3.5 year Yerevan Municipality concluded 997 contracts on
alienation of lands for construction of Northern and Main
avenues. Only 25 contracts are under legal proceedings. Yerevan Mayor
does not rule out that some omissions and lacks are possible in the
process of implementation of such large-scale programs. However,
irrespective of anything, these programs will be fulfilled, Mayor
assured journalists. Yervand Zakharyan said city authorities are
guided with the orders of realty estimation money compensation
approved by the Armenian Government. The Municipality does not
interfere into the process of estimation, independent evaluators. "If
the results do not satisfy owners, they have a right to appeal against
them to the court," Yervand Zakharyan said. Moreover, when providing
money compensation, the government issues a definite sum as
encouragement which covers 10% of the income tax imposed on the
residents of the alienated territory. Mayor Zakharyan said during
construction of the 30th quarter (Firdousi street) not money but
apartments will be provided as compensation. As regards the special
report by Armenian Ombudsman on mass violations of property rights,
Mayor said he was not informed of it and that "it is the personal
opinion of Larisa Alaverdyan only."
Yervand Zakharyan also touched upon the issue of development of Kond
community subject to alienation for construction of the Main Avenue
under the project. He said no construction and alienation works will
be started until the issue of property certificates is settled. At
present, the Municipality has already started settling this issue.
From: Emil Lazarian | Ararat NewsPress
COMPENSATION AS THE COST OF THEIR PROPERTY
YEREVAN, SEPTEMBER 9. ARMINFO. "Residents of Byuzand street demand
twice as much money compensation as the cost of their property,"
Yerevan mayor Yervand Zakharyan told journalists today.
He said for each sq.m of floor space the authorities provide
$900-$1,000, and resident demand $2,000-$2,500. Mayor said during the
last 3-3.5 year Yerevan Municipality concluded 997 contracts on
alienation of lands for construction of Northern and Main
avenues. Only 25 contracts are under legal proceedings. Yerevan Mayor
does not rule out that some omissions and lacks are possible in the
process of implementation of such large-scale programs. However,
irrespective of anything, these programs will be fulfilled, Mayor
assured journalists. Yervand Zakharyan said city authorities are
guided with the orders of realty estimation money compensation
approved by the Armenian Government. The Municipality does not
interfere into the process of estimation, independent evaluators. "If
the results do not satisfy owners, they have a right to appeal against
them to the court," Yervand Zakharyan said. Moreover, when providing
money compensation, the government issues a definite sum as
encouragement which covers 10% of the income tax imposed on the
residents of the alienated territory. Mayor Zakharyan said during
construction of the 30th quarter (Firdousi street) not money but
apartments will be provided as compensation. As regards the special
report by Armenian Ombudsman on mass violations of property rights,
Mayor said he was not informed of it and that "it is the personal
opinion of Larisa Alaverdyan only."
Yervand Zakharyan also touched upon the issue of development of Kond
community subject to alienation for construction of the Main Avenue
under the project. He said no construction and alienation works will
be started until the issue of property certificates is settled. At
present, the Municipality has already started settling this issue.
From: Emil Lazarian | Ararat NewsPress