EghtesadOnline: The Cabinet has decided to increase home renovation loans in urban slum areas, which are offered at the interest rate of 9%, from 500 million rials ($2,283) to 1,200 million rials ($5,479) in large cities and from 400 million rials ($1,826) to 800 million rials ($3,652) in other cities.
EghtesadOnline: Workers' wages cover only 38% of their living costs in urban areas and 69% in rural areas.
EghtesadOnline: Statistical Center of Iran has published its latest report on home and land prices as well as rents in Iran's urban areas during the first quarter of the current fiscal year (March 20-June 20), the spring season of the fiscal 2020-21.
EghtesadOnline: As per a memorandum of understanding recently signed between Iranian Municipalities Organization and Urban Regeneration Corporate Holding Company, affiliated to the Ministry of Roads and Urban Development, building permits in slum areas will be granted free of charge.
EghtesadOnline: As projected in the draft budget for fiscal 2020-21, the government has earmarked 50 trillion rials ($367 million) for upgrading the bus fleet.
EghtesadOnline: The Ninth Technical Smart City Exhibition held at Mashhad International Exhibition Center in Khorasan Razavi Province mainly focused on smart solutions to urban management issues.
EghtesadOnline: As projected in the draft budget bill for the fiscal 2020-21, the Iranian government has permitted municipalities to issue sukuk (Islamic bonds) to the tune of 50 trillion rials ($357 million) for expanding urban public transportation.
EghtesadOnline: The average healthcare expenditure of urban and rural families increased by 22.46% and 31.17% respectively in the last Iranian year (March 2018-19) compared with the year before.
EghtesadOnline: To reduce demand for fresh water in Isfahan Province, an agreement was signed by the provincial Water Company and the provincial Engineering Council to build infrastructure for greywater treatment systems in urban and suburban dwellings, head of the company said Tuesday.