July 26, 2022 19:46

Constructions Permits Issued in Winter Rise QOQ But Fall YOY

Municipalities across the country issued a total of 36,993 building permits in Q4, registering a 40.2% increase QOQ but a 23.4% decline YOY

The Statistical Center of Iran has published its latest report on construction permits issued in Tehran and throughout the country during the fourth quarter of last fiscal year that ended on March 20.
A total of 1,489 permits were issued by Tehran Municipality in Q4, indicating a 24.3% increase compared with the previous quarter but a 17.6% decline compared with the same quarter of the year before.
A total of 11,540 homes are expected to be built as a result of the permits that indicate a 22% growth quarter-on-quarter but a 13.5% decline year-on-year.
The average number of residential units per permit in the capital city was 7.8.

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