Monday, November 14 2011 19:53
Share of multi-apartment buildings biggest in real estate mortgage for 9 months of 2011 in Armenia
ArmInfo. The share of multi-apartment buildings was the biggest in the real estate mortgage for 9 months of 2011 in Armenia, the State Committee for Real Estate Register of Armenia told ArmInfo.
Thus, a total of 1715 real estate mortgage transactions were made for Jan-Sept 2011, with 1270 being in Yerevan. The share of multi-apartment residential buildings and private houses in total were 81.9% and 13.8% respectively.
The source reported a 37.9% growth of real estate mortgage transactions for 9 months of 2011 versus the same period of 2010. In Yerevan this indicator grew 38.6% and in the regions - 35.7%.
A total of 7337.51 ha of lands were acquired on mortgage, with 242.35 ha being in Yerevan. 95% or 6970.92 ha were agricultural lands. 5700.65 ha of total was in Armavir region, with 5687.5ha being agricultural lands.