The Main Directions of the Solution of the Problems of Providing the Houses at Affordable Prices in the Azerbaijan Republic by Effective Project Management of Housing Construction

Abstract

It is very important to Providing of housing to the population at affordable prices in the developing countries. It should be noted that the concept of “reasonable price” is differently stated in the experience of different countries of the world. However, the fact that the cost of obtaining housing should not exceed 40–50% of family income is a standard adopted in most countries. The Studies show that today about 330 million families in developing and also in developed countries are faced with the problem of obtaining quality housing at affordable prices, and this figure is gradually increasing. Despite the fact that the number of apartments built in the Azerbaijan Republic, which is rapidly developing in the residential real estate market, is quite large, it is impossible to purchase housing for the low-income population, since the prices are very high. It also plays a role the high price of land in cities and low mortgage lending. In investments in housing construction, the proportion invested in land purchases is very high.Taking into account the above, the Strategic Road Map was developed and adopted to increase the affordability of housing in the Republic of Azerbaijan. To achieve the nominated goals established the State Agency for Housing Construction (abbreviation in Azeri-MIDA) and started construction of two large residential complexes. This article touches upon the task of providing the population of Azerbaijan with housing at affordable prices.