The price of a house in Narmak/newly built house is 160 million tomans! – Tejarat News
According to Tejarat News, Narmak is a neighborhood in Tehran’s 4th and 8th districts, which is divided into two northern and southern parts by the Resalat highway, and this issue has caused the existence of various prices for residential units in this area.
In general, the vast area of Narmak leads from the north to Shahid Zainuddin highway, from the east to Bagheri highway, from the south to Vahidiya neighborhood and New Tehran, and from the west to Imam Ali highway.
South Narmak It has a larger area than the northern part of this area, and the presence of various shopping centers located on Dr. Ait, Golberg and Haft Hoz streets, draw many people from all over the city to this area.
What is the price floor and ceiling in two parts of Narmak neighborhood and at what price can you buy a house in this neighborhood?
Apartment price in Narmak area
Real estate consultants in this area say that buyers should not expect the same prices from the area and there is a big price difference between residential units in the northern and southern parts of Narmak.
The price of a newly built house in the northern part starts from 125 million tomans per meter and reaches 160 million tomans per meter. In the southern part, applicants can buy a newly built apartment in this area at a price floor of 90 million tomans and a ceiling of 110 million tomans. As a general rule, real estate companies deduct 1 to 1.2 percent from the price of a residential unit after each year of its life.
Of course, as it seems, in some newly built apartments with a size of more than 100 meters, the prices are higher than this. For example, the price of a newly built apartment with complete facilities, measuring 150 meters and located on West Rezvan Street, is set at 24 billion Tomans. 160 million tomans per meter!
Of course, in the same area of District 8, you can find apartments with a longer lifespan and a lower area for two to three billion tomans. One of the real estate owners has registered the price of his 32-meter apartment on North Shirmard Street at about 70 million tomans per square meter, which means that this apartment can be purchased for two billion and 250 million tomans.
Access status in Narmak
Narmak region is in a good condition in terms of access to highways and public transportation services. Three lines of BRT buses from Tehran Pars to Azadi Square, Alam and Sanat to Khavaran and Alam and Sanat to Beyhaqi have made commuting to the area easy.
Also, Tehran metro line 2 with 5 metro stations including Fadak, Gulbarg, Lush, Alam and Sanat University and Shahid Bagheri passes through this area. Narmak area has a smooth road for commuting by private car, and more than 90% of the fabric of this neighborhood is outside the even and odd limits.
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