Economics

The building of the Republic Aerogeodesy Center was sold for 213 billion UZS

An object with a land area of almost 1.14 hectares in Yunusabad was sold at auction - the buyer is "UTKIR SHOP" LLC. The center will use the building free of charge for another year after the sale. The terms of the sale also provide for a 25 percent discount for a buyer who makes full payment within six months.

Building of the Republic Aerogeodesy Center sold for 213 billion UZS

On October 26, an open auction for the sale of the building of the Republic Aerogeodesy Center in the Yunusabad district of Tashkent city concluded on the E-auksion platform. Two bidders competed for the object, the starting price of which was set at 157.8 billion UZS. At the end of the trading, "UTKIR SHOP" LLC was declared the winner with an offer of 213 billion UZS. The final price increased by 55.2 billion UZS (nearly 35 percent) from the starting value. This was reported by the State Assets Management Agency.

According to the lot information, the total area of the buildings and structures is 9,975 square meters. The shared land plot is 1.3352 hectares, with the land share belonging to the sold object specified as 1.1355 hectares.

In accordance with the terms of the sale, the Republic Aerogeodesy Center will use the building free of charge for one year after the sale. Upon expiration of this period, the object will be handed over to the buyer. The lot does not specify exact obligations regarding investment or job creation.

The lot grants the buyer the option of paying in installments. In particular, if 35 percent of the price is paid within three months, the remaining amount can be paid in interest-free installments over five years. If 50 percent is paid within six months, the remaining amount can be paid in interest-free installments over seven years.

Additionally, if full payment is made within six months, a 25 percent discount on the total amount is provided.

The object was put up for sale within the framework of new mechanisms for the privatization of state assets specified in Decree No. PF-177 of the President dated August 28, 2026.

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