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Yerevan Municipality To Build 110 Apartments For Residents Of Run-Do

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  • Yerevan Municipality To Build 110 Apartments For Residents Of Run-Do

    YEREVAN MUNICIPALITY TO BUILD 110 APARTMENTS FOR RESIDENTS OF RUN-DOWN RESIDENTIAL BUILDINGS

    ARMENPRESS
    May 5, 2008

    YEREVAN, MAY 5, ARMENPRESS: The Yerevan municipality will have built
    this year two ten-storey residential blocks with 110 apartments for
    residents of four four-storey run-down residential buildings.

    A deputy Yerevan mayor Karen Davtian said today these four buildings
    are the last run-down residential buildings in Yerevan rated as
    category 4.

    He said the municipality then will turn to residents of four-category
    run-down hostels, which will be supported by a special government
    decision.

    He said there are 58 development sites in Yerevan.

    He said residents of old houses which are razed to ground to give room
    for high-rise buildings are provided either with housing in the same
    area or offered monetary compensations at market prices with extra
    15 percent pay.
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