Many old buildings or private residences are demolished in the capital. Parks are built in their places, new roads are built, or high-rise buildings are built. Nevertheless, in many cases, residents whose houses have to be demolished are dissatisfied. The main reason for this dissatisfaction is the small amount of money given for each square meter. Construction companies tell citizens that they will be paid 1,500 manat per square meter of demolished houses under the name of “market price”. They sell 2 or even 3 times more per square meter of those houses. This, in turn, creates conditions for an artificial price increase.
Ramil Osmanli, an expert on property issues, is related to the matter Publika.azmade a statement to
He noted that in recent years, most construction companies prefer substitution:
“If a building is not built in that area, money is given to that person. In some cases, when citizens make such complaints, they point out that this figure was supposedly determined and approved by the Cabinet of Ministers. Therefore, it is a fixed price. But there is no such thing. The Cabinet of Ministers does not approve prices for construction companies by area. This is a trade. The citizen wants to sell his product at a high price and buy it at a low price. This is the law of the market. Of course, the construction company has built all its plans on profit. Therefore, the construction company cannot be blamed.
A citizen has the constitutional right to sell his house at the price he wants. No construction company can forcefully evict a citizen from his house and demolish the house. When such a situation occurs, the owner must file a complaint with the prosecutor’s office. At this time, the prosecutor’s office is investigating the matter, and even a criminal case may be opened against the construction company. I think this is a moral issue. At the same time, there are very serious economic realities behind it. This is one of the laws of the market.”
Aysel Shahmar
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