$15 Million Worth of Property and Money Returned to the State in 10 Months of 2025
From January to November of this year, the Prosecutor’s Office of Armenia has returned property and funds worth $15.5 million to the state and communities, indicating more active work on the protection of state property.
In the 10 months of this year, the Prosecutor’s Office returned property and money worth 5 billion 947 million drams to the state, which is equivalent to approximately $15.5 million. Of that amount, 5 billion 697 million constitute the market value of the property, according to cadastral registration, and the rest is in the form of direct funds.
In Yerevan (Yerevan), the state received land plots and buildings totaling 4.6 billion drams in value, including territories located in Nork-Marash, Ajapnyak, and on Ghapantsyan Street addresses. In the regions (marzes), land worth about 557 million drams was returned, including from Tsaghkadzor, Aragatsotn, Lori, Tavush, Armavir, Gegharkunik, and Vayots Dzor Provinces. These land areas can serve for community development, road construction, or public projects.
Properties were also returned to communities, including 3 kindergartens, 1 stadium, 2 parks, and natural monuments, totaling about 209 million drams in value and 5 hectares of land plots. This figure has almost doubled compared to the same period in 2024, with 40 properties returned instead of 18.
It is interesting to note that some properties have already been registered with ownership certificates, while the legal processes for the remaining ones continue, obliging former owners and organizations to make payments stipulated by law.
The Prosecutor’s Office is recovering lost property, preventing illegalities, negligible registrations, and unlawful enterprises that could have harmed the state and citizens.
This process continues, regardless of whether it is a new kindergarten, a park, a monument, or land for community projects. Today, the state has established strong control to bring back lost state resources.