Armenian real estate market tends to reviveMay 5, 2010 - 12:31 AMT PanARMENIAN.Net - Armenian real estate market tends to revive, according to Arman Petrosyan, a representative of the State Committee of Real Estate Cadastre. “The market price for 1 square meter in apartment buildings increased by 2.6% in Yerevan and by 1.5% in other cities of the republic. Prices for real estate will hardly go down in the near future,” Petrosyan told reporters on May 5. He also informed that 36 499 transactions were conducted in the first quarter of 2010, exceeding the last year’s index by 24.3%. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia PM meets Iran’s Supreme Leader in Tehran Prime Minister Nikol Pashinyan had a meeting with Supreme Leader of the Islamic Revolution Seyyed Ali Khamenei Ruling MP accuses opposition of “serving other countries' interests” Khachatur Sukiasyan has accused Armenia’s opposition of serving the interests of other countries Protest leader vows to achieve departure of Armenian authorities According to Archbishop Bagrat, there is only one solution to the situation in Armenia. Heads of Armenian, Ukrainian parliaments hold virtual talks Alen Simonyan and Ruslan Stefanchuk held talks via video conference on Tuesday, May 21. |