"The apartments to be built will be comfortable and will be provided on more affordable terms. Preparation works have been launched since mid-October. Demolition works have already begun.

The total area is being prepared. Negotiations with the owners of the territories selected for new construction are conducted. In parallel, the design work will be underway. They are to be completed by the end of the year. The construction will begin soon after the installation of old buildings,'' said Shahramanyan.
The minister informed that the first area of the residential district occupies about 2.5 hectares.

It is situated in the area adjacent to Tumanyan Street. It is planned to have mainly 5-storey residential buildings with about 500 apartments. The first district will be designed by "Portal "company.
The second one occupies about 3.5 hectares and is located in the neighborhood of Tigran Mets-Alek Manoukyan crossroad.

The architectural project of this district will be designed by Russian Maxim Atayants' architectural studio. Any planning work with Maxim Atayants we discussed online. This district will be of a unique style t, with interesting solutions. At this stage some details are being discussed. Moreover, Atayants will invest the money received for the work in his native in Karaglukh Village, Hadrut Region," he said.

Minister of Urban Planning of AR noted that these apartments should be provided on favorable terms, at a price lower than the market price. However, it will not affect the quality; all the conditions will be created. The two-room apartments will have up to 60 square meters, three-room apartments-80, and four-room ones-95 square meters.