“HAVE YOU BEEN TO NORTH AVENUE?..”
Support A1+!Yesterday the Yerevan city administration started negotiations with the residents of the future North Avenue, who are not content with the compensation offered and refuse to abandon the territory on their own free will. During today’s’ press conference head of the investment and construction department Karen Davtyan said he is surprised at the complaints. In his words, 400 contracts had to be signed. 375 of them were signed without any conflicts.
According to K. Davtyan, people registered real estate incorrectly and did not privatize illegal territories, that is why they are not satisfied with the compensation offered. As fort he income tax imposed on the compensation, the problem can be solved after introducing certain changes to the law.
Karen Davtyan considers that the compensation is enough for purchasing a new flat. In his words, $400 was allocated for a square meter of dwelling in Buzand Street, some residents were even paid $925-980. When asked in which Yerevan districts it is possible to by a flat K. Davtyan said, “For example Angetta Muradyan can buy 30 square meters in the center of Yerevan. However, he could not tell how a family consisting of 10 members will leave on 30 square meters. (to note, Muradyans’ house has been already pulled down)
Karen Davtyan did not rule out the possibility of increasing the amount of compensation if “the investor wishes to do it.”
