The Government of Armenia made a decision on April 12 to provide approximately 1000 civil servants with the opportunity to purchase apartments in a multi-apartment complex being constructed by "ML Mining" at 53 Grachya Acharyan Street in Yerevan.
It is expected that the government will approve the decision on the procedure for selling apartments and parking spaces in this residential complex. In addition to the 1000 apartments, 700 parking spaces will also be offered to civil servants. The coordination of processes related to lottery, distribution, and sale of apartments is handled by the Urban Planning Committee.
The cost per square meter of housing with interior finishing will be 448,000 drams (approximately $1150), and without interior finishing – 398,000 drams (approximately $1000). The cost of parking is set at 4.4 million drams (approximately $11,500).
