Yerevan/Mediamax/. A building is constructed for Syrian Armenians in Yerevan Davitashen community.

The project initiator is Hrair Agilian, who immigrated to Armenia from Syria in 2012, and Eranav LTD agreed to realize his ideas.

Hrair Akilian told Mediamax that he had been in the commission for constructing New Halep residential district in Ashtarak initiated by the Ministry of Diaspora. When they understood that the project failed he decided to apply to different construction companies and investors for building low-cost apartments for Syrian Armenians in the capital.

“It’s very important for Syrian-Armenians to have their own houses in their homeland and not go to other countries”, said Hrair Akilian.

The construction works began in February 2014; as of now, only the interior design works should be done. The housewarming is expected in January or February of 2016.

14 floors of 16 are apartments and other 2 floors are office spaces in the apartment block constructed by “My Apartment in Homeland” project. The price for 1 square meter is USD 550. Akilian assured that beneficiaries got high-quality apartments  .

“All the apartments and shops have their owners. When the apartments in the building were sold out, the construction company decided to acquire an area and build 2 more buildings. 3 floors have already been built. There are 164 apartments in these 2 buildings (11 of which have already been sold). Underground parking lots and business areas will also be provided”, Hrair Akilian added.

He added  that the apartments will be sold at USD650 per square meter, highlighting that usually apartments are sold at USD850 per square meter in this area.