The key facts

  • An unfinished 9-story building in the Okhangrabo neighborhood is being sold on E-auksion with a starting price of 70.66 billion soums
  • The auction starts on November 16 at 10:00 by decision of the Tashkent City Court
  • The premises total 26.7 thousand sq. m, the plot is 0.25 ha, and the property has encumbrances from the BFE and a bank

Unfinished building in 'Panelny' put up for bidding

The Bureau of Forced Enforcement has put up for sale, via the E-auksion platform, an unfinished 9-story residential building in Tashkent's Yashnabad district. The building is located in the Okhangrabo neighborhood, known as 'Panelny,' at the intersection of Okhangrabo and Kuruvchilar streets, near the construction market.

Condition of the property and its parameters

According to published photographs, the building's load-bearing structures are complete, but the walls are not yet finished. The plot covers 0.25 ha, and the total floor area of the premises is 26.7 thousand square meters. There is no information about utility connections.

Grounds for the sale and encumbrances

The lot is being sold on the basis of a decision by the Tashkent City Court on civil cases, issued in August (enforcement document 2−1004−2506/89285). At present, the property has encumbrances imposed by the BFE and a bank. The starting price is 70.66 billion soums, and the auction will begin on November 16 at 10:00.

Other sales of unfinished buildings

Earlier, an unfinished residential complex by the company Median Development, consisting of two buildings, was put up for sale in Tashkent's Uchtepa district with a starting price of 142 billion soums, but the bidding was suspended at the request of the BFE. It was also reported that a six-story commercial building near the Kipchak metro station is being sold over debts.