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Tehran Municipality's opposition to banning sales in large quantities; Are you worried about housing prices or the municipality's income?

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اقتصادنیوز · · Source

🇮🇷 Iran · טהרן · Map

Tehran Municipality's opposition to banning sales in large quantities; Are you worried about housing prices or the municipality's income?

The decision of the Governmental Council prohibited the granting of building permits with a density exceeding the ceiling of the detailed plan in Tehran and Karaj.

The secretary of the Supreme Council for Urban Development emphasizes that this decision does not prevent the construction of housing and that Tehran still has the capacity to build for more than a million people.

On the other hand, some city managers believe that this decision will reduce the municipality's income and raise housing prices.

Experts see inflation, liquidity, inflationary expectations and construction cost as the main factors for housing prices. | Expect the housing market.

Read more details here.

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