DEVELOPMENT WORK TO START IN YEREVAN'S 30th DISTRICT AND<br /> AREA AGJACENT TO SURB GRIGOR LUSAVORICH CHURCH NEXT YEAR<br />


DEVELOPMENT WORK TO START IN YEREVAN'S 30th DISTRICT AND
AREA AGJACENT TO SURB GRIGOR LUSAVORICH CHURCH NEXT YEAR

  • 25-12-2006 17:40:00   | Armenia  |  Economy
YEREVAN, DECEMBER 25, NOYAN TAPAN. The citizens who lived previously in the areas to be developed will be fist of all offered apartments in residential buildings constructed in Yerevan's development zones. Yerevan Mayor Yervand Zakharian stated at the December 25 press conference that this year developme4nt work was done in the area afjacent to the Wine, Brandy and Vodka Plant where an apartment building is being constructed. In his words, starting January 2007, development work will start in the 30th district (Firdusi Street) and the area adjacent to Surb Grigor Lusavorich Church. Y. Zakharian noted that except for the Kond and Kozern districts, work in the development areas will finish by 2009. According to the mayor, by the decision of the RA Constitutional Court, the Yerevan mayor's office will pay back 10% income tax from real estate of citizens of the development zones to 560 families. A total sum of 1 bln 232 mln drams (about 3.37 mln USD) has already been transferred to the accounts opened for these persons.
  -   Economy