18/03/2019 15:27
Grand Holding builds new residential building for its employees (video)
Ceremony of opening of residential building built by Grand Holding company for its employees took place today with the participation of Armenia’s Prime Minister Nikol Pashinyan, Yerevan Mayor Hayk Marutyan, Yerevan chief architect Arthur Meschyan and owners of Grand Holding Michael and Karen Vardanyans.
The idea and the plan of the building belongs to deceased Hrant Vardanyan and was brought into life by his sons Michael and Karen Vardanyans.
The initiative aimed at solving the apartment issue of the employees of Grand Holding.
The owners of the company do not pursue income, providing the apartments with their self-cost, without pre-payment and interest rates.
The residents of the building are to pay back the cost in 12 years. The monthly payment makes a small amount.
The construction works launched in April 2015 and were completed in May 2018. During the past one year, with the request of the residents, interior renovation works were carried out.
The building has 104 apartments from one to four rooms, 92 parking lots. It has 17 floors. A playing ground has also been built for the children.