As many as 9,000 illegal constructions were identified in Tehran Province over the last fiscal year (March 2020-21), the head of Tehran Agricultural Organization said.
Ayyub Fasahat added that 50% of these buildings were immediately demolished, according to the procedure prescribed by law while the remaining half is awaiting the court decision.
“Fortunately, the trial process has improved in cooperation with the judiciary and supervisory authorities, but the execution of demolition orders still faces numerous challenges,” he was quoted as saying by IRIB News.
“Aside from financial matters, [lack of] equipment and time, the fight against illegal constructions faces political pressures, social challenges, protest events and unconventional pressure on decision-makers. At times, preparations for carrying out the demolition of an illegal building take more than a month and when all is said and done, an outside force places a moratorium on proceedings.”
Fasahat noted that given the high price and low per capita land availability, lands in Tehran Province are more at risk from opportunists compared with other parts of the country.
According to the Statistical Center of Iran’s latest data on the capital city Tehran’s real-estate and property market during the third quarter of last Iranian year (Sept. 22-Dec. 20, 2020), the average price of each square meter of land or land of a rundown residential property (residential units that are considered old to a degree that only the underlying land is useful for construction) in Tehran went up by 120.3% in Q3 compared with the corresponding period of the year before.
Prices increased by 18.6% compared with the preceding quarter (Q2 of last Iranian year.)
The minimum price of each square meter of land or land of a rundown property in the capital city stood at 66.06 million rials ($275) while the maximum was at 1.55 billion rials ($6,450), bringing the average to 412.73 million rials ($1,720).
The number of land deals in the current Iranian year’s Q3 decreased by 29.4% compared with the similar period of the year before and 45.9% compared with the preceding quarter.
The average area of each dealt land or land of a rundown property in real-estate agencies across Tehran was reportedly 209 square meters by SCI.
The report also shows the average price of each square meter of residential floor area in the capital city rose by 111.4% in Q3 on a year-on-year basis. Compared with the previous quarter, prices indicated a growth of 19.1%.
The minimum price of each square meter of residential floor area across urban areas during Q3 stood at 40 million rials ($166) with the maximum price registered at about 1.58 billion rials ($6,583). The average price was about 287.6 million rials ($1,198).
In terms of the number of deals for residential floor areas, the current year’s Q3 saw a decline of 8% compared with Q3 of the year before. Against the previous quarter, the number of such deals registered a decrease of 45.6%.
SCI put the average dealt floor area at 87 square meters while putting the average age of residential units at 12 years.
