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Private Investments in Housing Sector Up 12.4%

The private sector completed the construction of 52,081 buildings in H1 2017-18 across all urban areasThe private sector completed the construction of 52,081 buildings in H1 2017-18 across all urban areas

The latest data disclosed by the Central Bank of Iran show that private sector investment in the housing sector increased during the first half of the previous fiscal year to Sept. 22, 2017, with special focus on residential units.
Results of studies from 79 sample cities published on the official CBI website show that in the first half of last year, the private sector invested more than 381.11 trillion rials ($8.8 billion) on the construction of all buildings–including new construction, half-finished and finished buildings– across Iran's urban areas. That number was higher by 12.4% when compared with H1 2016-17.

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