8880
Mehr Housing Project Saga
Economy, Domestic Economy

Mehr Housing Project Saga

Deputy minister of roads and urban development Ahmad Asghari Mehrabadi says 90 percent of Mehr housing units will be completed by the end of next year (March 20, 2016), ISNA reported on Monday. “Some 1,680 thousand housing units have already been completed,” he said in a news conference. About 200 thousand units will be turned over to their owners by the end of this year (March 20, 2015),” he added. The Mehr Hosing Project, initiated in 2007 by the former administration, was expected to provide two million low-income strata of the society with housing units through free land and cheap credits. But the nationwide scheme slowed down later due to the lack of funding. So far, there have been conflicting reports on the extent of the project’s progress.

Short URL : http://goo.gl/VfKnHH

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Deputy Economy Minister Defends Gov’t Forex Policy
The government’s policy to allocate dollars and euros to...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Interbank Rate Tweak to Impact Interest Rates
Officials at the Central Bank of Iran have announced the...

Trending

Googleplus