Armenia

Ownership Rights of the Republic of Armenia Restored Over Another Plot of Land Adjacent to the Yerevan TV Tower

YEREVAN — On June 20, 2025, the ownership rights of the Republic of Armenia were restored over another plot of land adjacent to the Yerevan TV tower on G. Hovsepyan Street. The land in question has a surface area of 17,730 square meters and is designated for “residential” use. Its cadastral value, close to market value, is estimated at 1 billion 44 million drams, equivalent to approximately 2.686 million US dollars.

It should be noted that the Anti-Corruption Court satisfied the claim filed by the Department for the Protection of State Interests of the Prosecutor General’s Office in a decision dated May 8, 2025.

The Department had requested that the court invalidate the sales contract signed on April 13, 2005, between the Mayor of Yerevan and a private individual, as well as the subsequent state registration of property rights based on that agreement.

 

MassisPost

Share
Published by
MassisPost

Recent Posts

World Challenge Cup: Hamlet Manukyan Wins Gold, Artur Avetisyan Takes Silver in Paris

PARIS — Armenian gymnasts concluded the prestigious World Challenge Cup in Paris with an impressive…

18 hours ago

Armenian Cultural Days in Stuttgart (Germany) – 2026

“See, I am making all things new” STUTTGART -- From 15 to 25 October 2026,…

18 hours ago

UEFA Nations League: Armenia Falls 3-2 to Montenegro in Dramatic Home Clash

YEREVAN — The Armenian national football team suffered a heartbreaking 3-2 defeat to Montenegro in…

18 hours ago

Echoes of Beauty & Influence: Haigazian University Welcomes Alumni Artist Hrant Khederlarian

BEIRUT -- Haigazian University Art Center opened its Matossian Gallery to Echoes of Beauty &…

18 hours ago

March 1 Investigation Restructured Into Five Separate Areas

YEREVAN -- The investigation into the March 1 case has been restructured and divided into…

18 hours ago

PACE Report on Armenia’s Elections: Society Has Demonstrated Democratic Resilience Despite Shortcomings Observed and Unprecedented External Pressures

STRASBOURG  -- A report by the Parliamentary Assembly of the Council of Europe (PACE) on…

18 hours ago