The State Committee on Property (SCP) announced on October 1st the land auctions. The sale by auction and competition put 31 land allotment of 14 municipalities in nine districts.
According to the SCP, half the land is intended for the construction of individual housing. This is mainly plots of land of up to 1000 square meters. Municipality Hindarh Agjabedi offers for rent two lands (7.6 hectares and 8 hectares) for agricultural purposes.
Land sales in Azerbaijan have been going on since April 2009, after the negative practices of municipalities for the sale of municipal land. Local authorities sold land at low prices. Then lot of corruption was revealed, which got involved the heads of municipalities. Since 2009, the sale and rental of land began under the organization of the State Committee on Land and Cartography (SCLC). In February this year the SCLC was abolished and its functions for the organization of land auctions were transferred to the SCP.
It is noteworthy that the land auction is held on the unrivaled basis. The cost of land offered for sale are by several times lower than their real market value. --08B--
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