Registration of property rights to real estate drops in Azerbaijan

Over Jan-Apr 2024, 121,061 ownership rights to real estate were registered in Azerbaijan (32.5% less against Jan-Apr 2023), ABC.AZ reports, referring to the State Service of Property Issues (under the Ministry of Economy).

Muğanbank's property to be put up for auction

State Service has a tax debt of 7 million manats

The State Service for Property Issues has owed a tax debt to the state.

68 state-owned facilities privatized in Nakhchivan for past 4 months

Property of these banks is being auctioned

Property of NBCO Aqrarkredit put up for auction – Date

The auction to be organized on May 20 by the State Service for Property Issues, will put up property on the balance sheet of the non-bank credit organization Aqrarkredit CJSC.

Revenues from privatization in Nakhchivan increased

In the 1st quarter of this year, budget revenues from privatization amounted to 648,300 manats in the Nakhchivan Autonomous Republic.

Bills of sale issued for 60,000 real estate objects in 2 months

Over Jan-Feb 2024, the State Service for Property Issues carried out registration of ownership rights to 60,093 real estate objects.

Over 47,000 shared lands registered by state within one year

Qərb Tekstil in Aghstafa is for sale

Information has been published about the state-owned enterprise, which will be auctioned on April 16, 2024 at 10:00 in the city of Agstafa.

Property of this bank is for sale

On March 27, Baku Auction Center LLC will host open auctions for the sale of real estate of Demir Bank OJSC, which is in the process of liquidation.

Atabank’s property put up for auction

On February 27, Baku Auction Center LLC will host open auctions for the sale of real estate of Atabank OJSC, which is in the process of liquidation.

Aqrarkredit's property put up for sale

The auction to be organized on February 9 by the State Service for Property Issues will include 1 private residential building, 2 land plots and 8 non-residential premises on the balance sheet of non-bank credit organization Aqrarkredit CJSC.

Part of shares of leader state companies to be sold in Azerbaijan

Azerbaijan to reduce tariffs for rental of state property

An appeal has been sent to the Government of Azerbaijan to reduce tariffs for the rental of state property, and the approval procedures are in the final stage.

Positive response on allotting of land plot in Karabakh given to 372 appeals

To date, 372 applications for the allotting of land plots in Karabakh with an area of about 11,000 hectares have been approved.

Last year, 903 objects of state property privatized

Last year, 903 objects of state property were privatized, after which 116 million manats were received by the budget.

Aqrarkredit real estate is for sale

The list of property on the balance sheet of non-bank credit institution Aqrarkredit CJSC, put up for auction on January 31, 2024 at 11:00, has been published.

Registration of ownership of real estate in Azerbaijan grew by 31%

Bakı Mərmər Qranit withdrawn for privatization

Work has begun on the privatization of Bakı Mərmər Qranit LLC.

Complex for production of baby diapers and napkin paper under privatization

Work has begun on the privatization of the property complex for the production of diapers and tissue paper.