Legalization of 284 out of 570 affordable apartments is completed13/11/2019

Legalization of 284 out of 570 apartments chosen via the electronic system “Affordable Housing” over the portal “Electronic Government” (www.e-gov.az) on 16.10.2019 in the Yasamal Residential Complex, the first project of the State Housing Development Agency, is successfully completed.

Of these apartments, 2 were chosen by persons who selected the apartments on the first row in the order of waiting on 18.10.2019. At the moment, legalization of the remaining apartments is continued in accordance with the Rules. Of 284 apartments acquired on preferential terms, 49 are one-room, 159 two-room, and 76 three-room. 140 out of the citizens who owned apartments bought them at their own cost, while 144 people acquired them using a mortgage credit on preferential terms.

Next announcement is going to be made in connection with the sale of the remaining apartments in the Yasamal Residential Complex.

Those citizens with electronic cabinet willing to acquire apartments using a mortgage credit on preferential terms should appeal to agent banks in order to obtain a decision on prior consent. In accordance with the “Rules of acquisition of apartments being at the disposal of the State Housing Development Agency of the Republic of Azerbaijan by citizens on preferential terms”, the method of paying the apartment’s cost using a mortgage credit on preferential terms may only be chosen by those citizens who have obtained a decision on a prior consent and placed it on the electronic cabinet in the “Affordable Housing” system.

State Housing Development Agency of the Republic of Azerbaijan

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