YEREVAN MUNICIPALITY TO BUILD 110 APARTMENTS FOR RESIDENTS OF RUN-DOWN RESIDENTIAL BUILDINGS
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
He said the municipality then will turn to residents of four-category
run-down hostels, which will be supported by a special government
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.