Mortagge Fund buys apartments from this company

10:58 - 27.12.2024


December 27, Fineko/abc.az. The Azerbaijan State Mortgage & Credit Guarantee Fund has signed an agreement with City Construction Group LLC in the amount of 122 million manats.

ABC.AZ reports that the contract envisages purchase of residential space by the mechanism of leasing with the obligation to sell it.

The contract price is 121,880,000 manats.

The purchase of residential premises, taking into account the needs of citizens, will be carried out on the territory of the city of Baku (in the 9th and 10th zones in accordance with the boundaries of the Baku city zones, as well as its towns and villages, approved by Cabiet’s Resolution #412 from December 30, 2015).