An announcement about the sale of apartments on preferential terms of the Ganja Residential Complex – the next project of the State Housing Development Agency

Sale of 33 apartments on building №8, 34 apartments on building №9, 11 apartments on building №10, 14 apartments on building №11, 15 apartments on building №12, 44 apartments on building №15, and 37 apartments on building №18, in total 188 apartments, of the Ganja Residential Complex at Azerbaijani Flag Street in Ganja city will start at 11:00 on 23 December 2021, to continue until 11:00 on 30 December 2021. 

Selection of apartments in the order of waiting in accordance with the “Rules of acquisition by citizens of apartments being at the disposal of the State Housing Development Agency of the Republic of Azerbaijan on preferential terms” will start at 11:00 on December 27, 2021, to continue until 11:00 on December 30, 2021.

Acquisition of apartments being at the disposal of the State Housing Development Agency in accordance with Order No.1113, dated November 16, 2016, of the President of the Republic of Azerbaijan will be carried out via the system “Affordable Housing” over the portal “Electronic Government” (www.e-gov.az).

Only those citizens who have obtained an electronic cabinet in the system “Affordable Housing” are eligible to acquire an apartment. Regardless of the date and serial number, all citizens who have obtained an electronic cabinet have equal rights in selecting apartments.

Detailed information regarding the rules of using the system “Electronic Government”, including instructions in the form of text and video, may be obtained via the link “Affordable Housing System” on homepages of the websites www.mida.gov.az and www.mida.az.

General information about the apartments put to sale:

188 apartments are put to sale, altogether. All apartments are offered with the interior finishing work completed, provided with a kitchen furniture and an individual heating system (including the heating device), as well as water, gas and electricity meters installed. 

The building has been designed and constructed to meet the State Construction Norms of the Republic of Azerbaijan. To confirm this, the State Expert Examination Central Department under the State Agency for Supervision of Construction Safety of the Ministry of Emergency Situation issued a positive opinion under No.29004, dated 02.03.2020, No.28607, dated 17.12.2019.

Ganja Territorial Department No. 3 of the State Real Estate Registry Service issued “extracts from the state register of real estate on state registration of property rights” on property rights to apartments.

Building №

Land plot of the building (m²)

Number of floors

Number of enterance

Number of rooms

Number of

apartments

Area of apartments on inner perimeter (m²)

Area of apartments outside perimeter (m²)

General contractor / address

Date of completion of 

construction and installation and repair works

8

565,92

12

1

3

33

75,83 - 76,79

89,52 - 90,96

“Araz İnşaatçı” MMC /

Bakı şəhəri, Nərimanov rayonu, Həsənoğlu

küçəsi, məhəllə 851, mənzil 10/86

12.11.2021

9

565,92

12

1

3

34

75,83 - 76,79

89,52 - 90,96

10

797,21

9

2

4

11

96,1 - 96,67

111,31 - 111,37

“Hünər-İnşaat” Firması /

Bakı şəhəri, Xətai rayonu, Gəncə prospekti, ev 97, mənzil 63

27.08.2021

11

797,21

9

2

4

14

96,1 - 96,67

111,31 - 111,37

12

797,21

9

2

4

15

96,6 - 96,67

111,37

15

565,92

12

1

3

44

75,17 - 76,79

89,52 - 90,96

“GM Construction” MMC

(“Faktor Qrup-S” QSC ilə konsorsium) /

Bakı şəhəri, Nizami rayonu, Heydər Əliyev prospekti, ev 189

12.11.2021

18

781,84

9

2

2

28

56,78 - 56,84

68,34 - 68,57

“HN Construction” QSC /

Bakı şəhəri, Binəqədi rayonu, Binəqədi şossesi, ev 185, m. 14

12.11.2021

3

9

74,73 - 74,78

87,05

 

Sale terms and prices:

Sales of apartments within this announcement are provided both by paying the cost of the apartment using a mortgage credit and using own cash.  

Note:  In accordance the “Rules of acquisition by citizens of apartments being at the disposal of the State Housing Development Agency of the  Republic of Azerbaijan on preferential terms”, Item 5.6, only a person who has obtained a preliminary consent and placed it on the electronic cabinet may choose the payment method through a mortgage credit.

Price of a two-room apartment – from 48 263 Manats,

Price of a three-room apartment – from 63 521 Manats.

Price of a four-room apartment – from 81 685 Manats.

Note: Sale prices of apartments are inclusive of VAT.

In case a citizen acquires an apartment at the cost of a mortgage credit of the Mortgage and Credit Insurance Fund of the Republic of Azerbaijan on preferential terms:

Annual interest rate

Term

Minimum down payment

Monthly payment*

2-room

3-room

4-room

4%

3-30 years

10%

207-208 manat

273-281 manat

351-353 manat

*Monthly payment – in case an apartment is acquired using mortgage credit on preferential terms by making 10% preliminary payment, for 30 years, with annual 4% interest.

ATTENTION! A person who wants to own an apartment using a mortgage credit on preferential terms will be granted discount depending on the amount paid in excess of the preliminary minimum payment, and, as to those who pay fully the cost of the apartment using their own cash at once, such citizens will be granted 10 percent discount on the whole amount. 

Sale of apartments for citizens willing to own an apartment by paying the cost of the apartment at once at their own cost start from the following prices:

Number of rooms

Price of apartments

(manats)

Additional discount amount

(manats)

Sale price of apartment 
after additional discount

(manats)

2

48 263

4 826

43 437

3

63 521

6 352

57 169

4

81 685

8 168

73 517

Note: Sale prices of apartments are inclusive of VAT.

Get acquainted with the exact size, price, benefits and additional discounts of each apartment (and rooms) offered for sale, information about agent banks, as well as making calculations using mortgage and affordable housing calculators is available on the website https://gence.mida.gov.az/.

Citizens eligible to acquire an apartment at a preferential price may receive detailed information about the rules of submitting application to own an apartment on preferential terms, selection of apartments in the order of waiting and sales conditions of apartments, as well as agent banks on the websites www.mida.gov.az and www.mida.az , or by applying to “ASAN Service” centres (No.1, 2, 3 and Sumgait and Ganja), or “108” Call Centre.

More detailed information about the apartments put to sale may be received via the following links: 

Apartments put to sale in Building No.8.

Apartments put to sale in Building No.9.

Apartments put to sale in Building No.10.

Apartments put to sale in Building No.11.

Apartments put to sale in Building No.12.

Apartments put to sale in Building No.15.

Apartments put to sale in Building No.18.

 

Note: Users of the system “Affordable Housing” may become acquainted with the instructions on the use of the sale module and selection of apartments in the order of waiting in relevant sections of their electronic cabinets, or via the following links:

State Housing Development Agency of the Republic of Azerbaijan

© 2022
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