Swap of government land with city-dwelling apartments

Swap of government land with city-dwelling apartments
  • 2020-03-03
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The swap of government land with private-sector semi-residential housing projects within cities is aimed at diverting property and rent-seeking applicants into a new Ministry of Road and Urban Development program.

According to Iran's International Stone Exhibition, the government intends to use two potential capacities to balance the market, as well as renting housing through vacant government land located mainly around cities.

In order to house the middle class, the government's plan is to, in the form of the National Housing Action Plan, merge semi-finished projects within large private-owned cities with government land outside the cities.

In this way, residential units within cities will be made available to applicants as part of the National Housing Action Plan.

According to the Ministry of Roads and Urban Development, Mahmoud Mahmoudzadeh, Deputy Minister of Housing and Construction, recently announced that the program was in line with the proposal, saying many builders in Tehran and other cities had indicated their willingness to enter the project. .

To help control the rental market, the Ministry of Roads and Urban Development has put together a similar program in the form of professional rentals. Parvaneh Aslani - Director General of the Ministry of Housing and Urban Planning Bureau of Housing Economics - emphasizing that private-sector, government-sponsored leasehold construction is a medium-term plan, noting that housing projects are now half-finished and can be incorporated into a professional tenancy plan. Have. In this section, it is proposed that the private sector outsource the state-of-the-art or completed units to the state and obtain residential units from the state government for the construction of new units.

Accordingly, residential units completed and under completion in a professional tenancy plan will be rented out to different income groups that are unable to provide their own housing or that the bulk of their income is allocated to renters at an affordable price.

The details of the two plans have not been fully elaborated yet, but as the Ministry of Roads and Urban Development has said, it has been welcomed by the private sector.