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Baku Metro changes may impact local rental markets
Ongoing infrastructure work in the Baku Metro, specifically the separation of the Red and Green lines, is expected to impact the capital's rental market. Real estate expert Elnur Azadov suggests that changes to passenger routes may influence where residents, particularly students, choose to live.
As the new academic year approaches, there is increased demand for housing near educational and scientific institutions. The proximity of the ‘Elmlər Akademiyası’ station to Baku State University and other academic hubs makes this area a critical location for students. Experts note that to avoid increased travel time and costs, students are increasingly prioritizing housing closer to their universities rather than seeking cheaper options in outlying areas like Masazir or Khirdalan.
While the exact scale of the market impact remains uncertain, the ongoing metro renovations are anticipated to affect rental trends in academic districts.