Azerbaijani company talks construction of residential complex in Baku White City
BAKU, Azerbaijan, Jan. 31
By Matanat Nasibova – Trend:
Construction work in the second residential complex on the territory of the White City in Baku is underway in accordance with the schedule, a source in the Aksaray Residence company, which is implementing this project, told Trend.
Construction of an underground parking lot in the housing estate will be fully completed soon, according to the source.
The company has completed the work by more than 30 percent, said the source.
This is a big premium residential complex which is being built within the White City project, the source said. “The construction of the residential complex will be completed until the end of 2020. The minimum starting price for one a square meter in the building which is under construction is 1,500-1,550 manat ($884-913)."
“The company issues an interest-free loan for 36 months, while the prepayment price is 30 percent of the price of the apartment,” the source said.
The first residential complex in the White City was completed and commissioned in 2018.
The construction of the second facility within the White City project was launched in April 2019.