The average price of each square meter of a residential unit in Tehran stood at 100.6 million rials ($76.8) in the 11th Iranian month (Jan. 21-Feb. 19), showing a 3% rise compared with the preceding month and an 86% increase compared with the same month of last year.
The latest figures were released by the Planning and Housing Economy Office of the Ministry of Roads and Urban Development, HIBNA, the news portal of Bank Maskan, reported.
The data also show the number of home sales in Tehran increased by 40% in the same period compared with the preceding month to stand at 8,000 deals.
Home sales were down by 50% in the period compared with the same month of last year.
In southern region of India, Bellary (Karnataka) sponge prices have inclined upto INR 900/MT (USD 13) in a week's time. Participants reported falling inventories amid less availability of raw materials which resulted in price hike in the market.
Indian Semis prices further drop owing to lack of demand and strengthening supply, as per participants. The prices fall by INR 100-500/MT (upto USD 7), day on day.
Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.
China will step up efforts to eliminate illegal mining, production and smuggling of rare earth materials, while at the same time, encourage more high-end processing, the industry ministry said in new guidelines published on Friday.
M ajor Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per the government’s new policy to shift the focus of major builders to distressed urban areas and informal settlements.
Researchers from Chalmers University of Technology, the University of Gothenburg, the University of Jyväskylä, and Stanford University have found a way to make the surface of a gold object melt at room temperature.