YEREVAN, DECEMBER 27, ARMENPRESS. Two new neighborhoods with 500 apartments will be built in 2019 in Artsakh’s capital city of Stepanakert, State Minister of Artsakh Grigory Martirosyan said at a year-end news conference.

The neighborhoods will be built in the city’s Tigran Mets and Tumanyan streets.

Around 30% will be acquired by the state, while 70% will be used within the framework of mortgage programs.

First-group apartments will be donated to socially vulnerable persons under state assistance programs, while the second-group apartments will be sold with a price of 280,000 drams per square meter.

In 2018, construction volumes reached more than 43 billion drams in Artsakh, a 10,5% growth.

Edited and translated by Stepan Kocharyan