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3.5% Rise in Building Permits in Fiscal 2019-20

3.5% Rise in Building Permits in Fiscal 2019-203.5% Rise in Building Permits in Fiscal 2019-20

The Statistical Center of Iran has published its latest findings concerning building permits issued in Iran, especially in the capital city Tehran, during the last fiscal year that ended on March 19, 2020.
Last year, municipalities across the country issued a total of 147,005 building permits, registering a 3.5% year-on-year increase.
A total of 382,565 housing units are expected to be built as a result of the permits issued across Iran’s urban areas, indicating a 1.6% increase YOY. 
The average number of residential units per permit across the country was 2.6. 
Across the country, the total floor area of units authorized in building permits was at 70,593,000 square meters, posting a 2% decrease YOY. The average floor area of units per permit was 468 square meters.

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