TODAY.AZ / Business

Old buildings to be replaced in Baku

25 April 2016 [17:53] - TODAY.AZ

/By Azernews/

By Fatma Babayeva

The old buildings will be gradually replaced with more convenient and newer buildings in Nizami district of Baku in order to provide more comfortable life to the residents of the capital city.

The old buildings will be demolished and replaced with new ones in next 5 years.

In this regard, Nizami district administration held a meeting with local residents. As many as 131 buildings which are located in this area are under emergency condition. These buildings should be demolished gradually and replaced by new buildings.

Chief executive of Nizami district, Arif Gasimov stressed that the government will be in full control of the construction of the new buildings till the apartments are obtained by the citizens. Therefore, no construction company can leave the construction unfinished.

Six buildings will be demolished in the initial stage, Gasimov added.

In addition, two-storey buildings will be demolished in Mehdi Abbasov Street, Nasimi Street, Chobanzadeh Street, etc., the deputy head of the Nizami district, Garib Mammadov told.

He further added that this process will be implemented in accordance with the agreement concluded between the residents and the construction company.

The construction undertakes providing temporarily the residents of buildings under demolishment with apartments.

VESTA Construction is one of the companies that will carry out the renovation works in the old buildings in the district.

The company has developed modern projects for the construction of new buildings. The main objective is to provide the population with modern, comfortable, renovated and affordable apartments.

The most important point is that every resident will own his/her own home.

The company will offer apartments in the new buildings at the price that will be 30-50 percent below the market prices.

URL: http://www.today.az/news/business/150086.html

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