Ulaanbaatar
Households in Ger Districts to Exchange Land Lots with Apartments
Politics
Ulaanbaatar,
October 3, 2024 /MONTSAME/. Presenting the decision of
the Cabinet session on October 2, 2024, Governor of
the Capital City and Mayor of Ulaanbaatar
Nyambaatar Khisgee stated that "An apartment certificate will be given to
1,008 households in the areas of Nogoon Nuur, Denjiin Myanga, and Radio
Television in the near future, holding negotiations with the households."
A residential town is being built near Nogoon
Nuur area, with a grant of CNY 350 million from the Chinese Government.
Currently, the construction work is 90 percent complete. Within the framework
of the "Urban Revival" and "20-Minute City" projects, the
Government considers it proper to transfer the property rights of 1008
household apartments and relevant facilities to the capital and transfer some
apartments to the ownership of households or entities, whose land lots are to
be effected to the housing construction in the area of Selbe subcenter. The
Cabinet decided that a Government resolution regarding it should be developed and
discussed at a Cabinet session.
With soft loans provided by the Asian
Development Bank and the European Investment Bank, six subcenters are being
established in Ger districts to provide engineering infrastructure for housing
construction. In the first stage, engineering network construction is completed
at Bayanhoshuu and Selbe subcenters and housing construction is ongoing.
