The issue affects families who moved into a building in Balykchy as early as 2021. Due to the criminal case against the developer, all apartments in this building were seized, depriving people of the ability to obtain technical passports and re-register ownership.
The essence of the conflict with the developer
During the president's meeting with residents of the Issyk-Kul region, resident Erzhan Nurbek uulu reported that the housing documentation situation has dragged on for several years. Although some families managed to register their ownership rights, the seizure was reapplied the following day.
Statistics for the building in Balykchy
The Minister of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic, Nurdun Oruntaev, confirmed that Rayan Building is a fraudulent company. According to him, the developer collected funds during the excavation stage in Bishkek and Kant but failed to complete the construction of the objects. It is precisely because of these unfinished projects that the already occupied housing in Balykchy was seized.
Resolving the issue
President Sadyr Japarov ordered the Ministry of Construction to resolve the issue of issuing documents to residents. It was also revealed that the company's sole founder, Aizhan, is under house arrest and has not paid the money to the affected shareholders.
