CONSTRUCTION OF ELITE HOUSES BRINGS 300 PER CENT PROFIT
Lragir/am
21 March 06
The owners of elite blocks of apartments get 300 per cent profit from
sales, said MP Manuk Gasparyan on March 21. He denied the concerns that
the increase of the price of cement will affect the rates of building.
“Two or three years ago the price of reinforced concrete grew by
200-300 per cent. Who learned about it? No one, and the rate of
construction did become slow,” says Manuk Gasparyan. According to
him, there was no need to set a low price on the natural gas supplied
to industry not to allow the growth of the price of cement. “Cement
is required for building, and building is done by rich people. Why
are we reducing the price of gas for industry at the expense of the
population,” says the member of parliament.
Manuk Gasparyan thinks this is a big bluff. Armrusgasard sets the
price of gas for industry in dollars, but sells gas to people in drams.