BAKU, Azerbaijan, January 8. To meet the
housing wants of Baku metropolis, 125 hectares of land appropriate for
housing development have been recognized at cooperation conferences
between the State Committee of Urban Planning and Architecture of
Azerbaijan and the State Housing Construction Agency (MIDA),
referring to the ‘Baku metropolis General Plan 2040’.
To meet the housing wants of younger households with low and medium
incomes, it’s proposed to create a contemporary residential atmosphere
in sure areas. MIDA is implementing two housing tasks on an
space of 46 hectares in Hovsan settlement and Yasamal district of
Baku to create city neighborhoods with sustainable and
complete alternatives to construct inexpensive housing.
Moreover, in parallel with the Urban Lakes Rehabilitation
Program, two new websites are proposed and shall be applied in Zykh
Lake (about 29 hectares of land appropriate for the residential and
mixed-use areas) and Boyukshor Lake (about 50 hectares of land
appropriate for the residential space).
A requirement of roughly 142,800 residences is projected by
Stay up-to-date with extra information at Trend News