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Program On Restoration-Recognition Of Citizens' Rights Of Real Estat

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  • Program On Restoration-Recognition Of Citizens' Rights Of Real Estat

    PROGRAM ON RESTORATION-RECOGNITION OF CITIZENS' RIGHTS OF REAL ESTATE OWNERSHIP TO BE IMPLEMENTED IN YEREVAN BY 2009

    Noyan Tapan
    Feb 11, 2008

    YEREVAN, FEBRUARY 11, NOYAN TAPAN. A program on restoration-recognition
    of citizens' rights of real estate ownership is being implemented
    in Yerevan.

    The mayor of Yerevan Yervand Zakarian said at the February 11 press
    conference that the program is aimed at recognizing citizens' rights
    of real estate they have used for decades.

    According to the mayor, this work in several development zones started
    as early as last year. The deadline for restoration of property rights
    is December 2009.

    Under the program, property rights of Yerevan residents will be
    restored in 2008 in the following way: the first quarter of 2008
    - rights will be restored for residents of Avan and Nork-Marash
    communities, the second quarter - rights of residents of Kentron
    community, the third quarter - rights of residents of Shengavit
    community, the fourth quarter - rights of residents of Malatia-Sebastia
    community. In 2009, this work will be done in Erebuni, Ajapniak,
    Davitashen, Arabkir, Kanaker-Zeytun and Nubarashen communities. 10
    thousand citizens of non-development zones will restore their rights.

    Y. Zakarian said that the areas adjacent to Circus, Wine Plant,
    Republican Stadium, Engineering University and the market in Mashtots
    Avenue, as well as Fidousi, Kond and Kozern districts will be developed
    within the next two years. As a whole, according to the mayor, urban
    development work will be done in 23 areas.
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