Building of the central office of the Agency for State Assets Management sold at auction for 251.6 billion soums

On 9 November 2026, the building of the central office of the Agency for State Assets Management in Tashkent was sold on the E-auksion platform. The starting price was 165.5 billion soums; after 52 bids, Jarkurgan Build Group became the winner with a final price of 251.6 billion soums — 52% above the initial price. The sale is part of the program of relocating ministries and agencies to New Tashkent.

Aziz KarimovFirst published on tafs uz 10 November 2026 at 09:362 min read

The key facts

The agency's building in the Mirabad district of Tashkent was sold for 251.6 billion soums — 52% above the starting price of 165.5 billion soums
The auction winner after 52 bids was Jarkurgan Build Group, established in 2024 and engaged in residential construction
The sale is part of the program of relocating agencies to New Tashkent: a total of 83 real estate properties are planned to be sold in the capital

The auction and its results

The bidding took place on 9 November 2026 on the E-auksion platform and lasted 2 hours and 50 minutes. The starting price of the building housing the central office of the Agency for State Assets Management was set at 165.5 billion soums; after 52 bids, Jarkurgan Build Group became the winner, and the final price came out 52% higher than the initial one — 251.6 billion soums. This was reported by Kun.uz citing data from the agency.

The buyer and the property

According to the Unified Register of Enterprises and Organizations, which Kun.uz cites, Jarkurgan Build Group was established in 2024, is engaged in the construction of residential buildings, is registered in the Yashnabad district of Tashkent, and has a charter capital of 28.6 billion soums. A 61.51% stake in the company belongs to the firm Palace of Energy, while the remaining 38.49% belongs to Dilmurod Siddikov. The property itself is located in the Mirabad district of the capital: the plot area is 0.66 hectares, and the total area of buildings and structures is 11,000 square meters. Notably, the building had already been put up for open auction at the same starting price in August 2025, but, according to the report, no buyer was found at that time.

Context of the relocation program

The sale of the property is part of the program of relocating ministries and agencies to New Tashkent, which provides for the sale of 83 real estate properties in the capital. According to the agency, 8 administrative buildings of ministries and agencies have already been sold in Tashkent for a total of 1 trillion 120.4 billion soums, and another 11 properties have been put up for auction with a starting price of 1 trillion 20.5 billion soums. The proceeds from the sale of vacated administrative buildings are planned to be used for the construction of administrative infrastructure in New Tashkent.