Skip to main content
Up to 53% offSee the plans

News | Housing | Iran

Iran's Roads Minister Says Tehran Housing-Project Loans Will Be Reviewed Against Construction Progress

Sahmino Newsroom | 5 November 2026 | 8 days ago

Iran's Roads and Urban Development Minister Farzaneh Sadegh said on Wednesday evening, November 4, 2026, after a Tehran provincial housing council meeting that about 50% of bank financing for housing projects in the province has yet to be disbursed. She said the governor's office will hold a special meeting to settle payments in line with each project's physical progress and that the central bank will work with lenders to speed up financing.

Source: Mehr News

Sadegh also said the National Housing Fund has allocated money for infrastructure in the new towns of Parand and Pardis, with additional funding still being pursued. Her remarks concern project financing across Tehran province; they do not say the outstanding loans have been paid or that infrastructure for all units is complete.

Reference:Mehr News Agency, citing Iran's roads ministerThe original reportAn archived copy of the report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, US Dollar held at 2,669,000 rial.

Over the same days, Tehran Stock Exchange Index rose 6.5 percent, to 8,427,304.

Over the same days, Brent Crude fell 2.2 percent, to 96.24 dollars.

US Dollar
0.0%
Tehran Stock Exchange Index
+6.5%
Brent Crude
−2.2%

Prices to the close of 12 November

More from this market