Eight buildings in Baku’s Nizami district, mostly old dormitories, are being prepared for demolition, with residents to be relocated, according to Vugar Oruc, chairman of the Azerbaijan Society of Appraisers.
Vugar Oruc said the reconstruction work in the Nizami district will be funded partly from the state budget and partly by investors. He gave details on the specific areas slated for demolition and the expected compensation amounts, but stressed that these figures are not yet final.
According to Oruc, the final payment amount will be determined based on appraisal results and decisions by the relevant state bodies. Which relocation option is offered to residents will depend on the project carried out in each specific area.
The process will proceed in stages: first, the number of apartments and residents will be established, after which a separate decision will be made for each building and communicated to residents. The start date for demolition and the terms of relocation will also be clarified at that stage.
