State Committee on Property published data on the real estate market in the first five months of this year, according to which the land in terms of registration of the most popular types of real estate.
In January-May this year, the State Register Service of Real Estate has registered the rights to 58 thousand 254 of the property, which is 5.8% more than during the comparable period last year. The share of land (22,220) accounted for 38.1%. Activities at the land market during the period grew by 15.7%. The share of Baku was 2,793 (12.6%) operations with the land.
In view of the privatization of public housing in the five months of this year registered were the rights to 20,695 apartments, 1.2% more than during the comparable period in 2011
Most of the real estate operations accounted for the secondary market - 41,153 transactions (19.3%). In the primary market (17.1 thousand deals) for the first five months of this year, the number reduced 16.8%. - 08D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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