Elite Group Armenia

Elite Group Armenia is rated 3 out of 5 in the category real estate. Read and write reviews about Elite Group Armenia. What do we do at Elite Group? Elite Group is the top property developer in Armenian real estate market operating since 2000. We have completed 12 projects and currently have 4 ongoing projects (including a hotel in Jermuk and 3 residential buildings). Since 2002 the company has developed more than 300,000 sq.m. of sellable area, including 200,000 sq.m. of residential space only. Elite Group's projects can be categorized: 1) Residential 44 Dzorapi str. (expected in 2016) 19/1 Sayat – Nova ave. (expected in 2014) 1 Demirtchyan str. (expected in 2014) 59 Baghramyan str. (expected in 2014) Elite Villa (Tsaghkhadzor) (expected in 2014) 74 Zaryan str. (completed in 2013) 40 Dzorapi str. (completed in 2012) 64 Arami str. (completed in 2012) 41 Mamikoniants str. (completed in 2011) 12 Komitas str. (completed in 2011) 29 Rostomi str. (completed in 2010) 12-14 Demirchyan str. (completed in 2008) 27 Amiryan str. (completed in 2006) 21 Pushkin str. (completed in 2004) 2) Hotels and Resorts - Best Western Aghveran Hotel (completed in 2010) - Jermuk Resort (expected in 2015) 3) Office Building - Elite Plaza Business Center (completed in 2013) Elite Group is the only company to have received a certificate of compliance to ISO 9001-2008 in Top Management of Upper Class Apartments Buildings’ Construction Business, Decorating Supervision and Design, Operation Service Providing and OHSAS 18001-2007 in Armenia. Furthermore, one of the company’s major accomplishments is the sound earthquake resistance systems provided in all of the properties developed. The Company has pioneered the installation of seismic insulators in high-rise buildings in Armenia. And last but not least, Elite Group is one of the first movers using financially advanced instruments in Armenia. The company had AMD 2bn corporate bond issuance with maturity of 2 years. The company has “C” rating granted by the Central Bank insured the complete placement of the bonds.