Financial Tribune - State-run housing projects in Iran are usually theatrics staged by governments, despite millions of dollars of spending that usually lead to the squandering and misappropriation of public funds, Mohammad Reza Zohrehvandi, the chairman of Industries Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture, says....

Financial Tribune - Informed observers and academia recall the deplorable experience of the Mehr Housing Plan that was launched by the government of former president, Mahmoud Ahmadinejad, in the last two years of his two-term presidency that ended in 2013 The government recently announced a plan to construct homes for the newlyweds and people with ...

Reuters- The ease with which some state-built homes collapsed in Sundays earthquake in western Iran showed corrupt practices when they were constructed, Iranian President Hassan Rouhani said on Wednesday in a sentiment shared by many ordinary Iranians. Some of the houses which collapsed in an earthquake that killed at least 530 people and injured ...

Financial Tribune- The construction of remaining units of Mehr Housing Project in the Iranian capital will be completed by the end of the current fiscal year (March 20, 2018), announced the director of housing and construction at Tehran Roads and Urban Development Office. "With the completion of Mehr housing units and their transfer to applicants,...

Press TV- Irans media on Tuesday cheered as the Parliament voted to end a hefty housing project that President Hassan Rouhani had previously blamed for shooting up inflation to above 40 percent over the past years. The Parliamentarians in their debates over Irans Sixth Five-Year National Development Plan (2020-2025) voted to have Maskan Bank ...

The government has managed to finalize the construction of 800,000 Mehr housing units in the past three years and plans to finish the remaining 2,200 units by February 2017. Ahmad Asghari Mehrabadi, the deputy minister of roads and urban development, said the government plans to allocate 10 trillion rials ($323 million) to Energy Ministry for development ...

After three years of stagnation in Irans housing market, it is picking up; though slowly. Meanwhile, the country has progressed a lot in applying new civil construction technologies. According to latest estimates on average some 50% of household incomes go to housing across the country. People in Iran, take different factors as contributing to the ...

IFP has taken a look at the front pages of newspapers on Sunday and picked headlines from 12 of them. IFP has simply translated the headlines and does not vouch for their accuracy. Ettelaat: 1.President: Private sector key to solving Maskan Mehr problem 2. Iran, India ink MoU to cooperate in oil and gas projects 3. Industry minister says ...

With the addition of 120,000 housing units later this month, Mehr Housing Scheme is poised to become a 1.5 million-strong housing project. Deputy Minister of Roads and Urban Planning Ahmad Asghar Mehrabadi announced during a trip to the southeastern province of Sistan-Baluchestan that an additional 240,000 units have also been built but yet to be connected ...

TEHRAN, Oct. 30 (MNA) Irans minister of urban development has said Mehr Housing project will be discontinued, but we will finish incomplete houses. Mehr News quoted Abbas Akhundi in the sidelines of Cabinets weekly sessions speaking to the reporters. We discontinue Mehr Housing project, but we will finish only the incomplete houses, Akhundi said,...

TEHRAN, Oct. 26 (MNA) The head of Parliament Urban Development Commission has said it will hold a meeting with Akhundi about possible stopping of Mehr Housing Project. Seyyed Mehdi Hashemi, Theran representative in Parliament, talked about Parliament reaction to news of possible stopping of Mehr Housing Project. We will have a session with Mr....