City of Belgrade Selling 7.5 Hectares of Construction Land in Batajnica

The Belgrade Land Development Public Agency has placed an ad on public bidding for the purpose of alienation of construction land publicly owned by the City of Belgrade in Majora Zorana Radosavljevica Street in Batajnica, at the initial price of RSD 481.3 million.

The land of 7.5 hectares is located right in front of the Batajnica Interchange with the bypass route around Belgrade – the E75 road. The location is covered by the Detailed Regulation Plan of the Gornji Zemun business zone – zones 3 and 4, and the land is located in zone 3, in the section for other purposes planned for commercial activities.

The initial price for the alienation of the building land is determined based on the report on the estimate of the market value and is RSD 6,467.06 per square meter of land, which, for a complex area of 74,428 square meters, amounts to a total of RSD 481,330,341.68. The land will be sold to the investor who offers the highest price, and the offer must match or exceed the initial price and cannot be lowered afterward.

The investor will be obliged to carry out all the works on preparing and equipping the construction land and agreeing and paying the power distribution and TC connection and facilities, heating and gas costs with the relevant public enterprises and other legal entities.

The obligation of the Belgrade Land Development Public Agency is to develop the public building land in line with the DRP and the program of developing and allocating the building land.

Applications may be submitted by October 1, whereas the public bidding will be held the next day at the premises of the Belgrade Land Development Public Agency.