Bank Of Baku

Registration of real estate rises 50% in Azerbaijan

Registration of real estate rises 50% in Azerbaijan
# 03 May 2012 09:25 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The State Committee on Property Issues of the Republic of Azerbaijan continues works in direction of establishment of e-archive and information base of the information for e-registration of real estate.

Committee chairman Karam Hasanov says currently, the registration information from paper carriers, collected at archives for many years for effective, transparent and agile activity, has been transferred to the e-base.

‘Establishment of e-archives and transfer of registration documents into e-format allow the elimination of wasted time and increasing of operativeness during rendering services related to registration of real estate. As a result of the consistent measures, the registration of real estate has increased by 1.5 times’, added Hasanov.
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THE OPERATION IS BEING PERFORMED