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Home Construction

  • EghtesadOnline: The first half of the current Iranian year (March 20-Sept. 21) registered a 38% decline in the number of permits issued to home builders, says the head of Construction Engineering Organization of Tehran Province.

  • EghtesadOnline: Loans worth 1,700 million rials ($13,000) will be granted to home builders who choose to use non-traditional construction methods based on new technologies this year (March 2019-20).

  • EghtesadOnline: Major Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per the government’s new policy to shift the focus of major builders to distressed urban areas and informal settlements.