A company that builds residential properties has bought the central office building of the State Assets Management Agency in downtown Tashkent for 251.6 billion soums at an online auction, the agency said.
The sale price was 52% above the starting price of 165.5 billion soums. Jarkurgan Build Group won after 52 bids in an auction on the E-auksion platform on Nov. 9 that lasted 2 hours and 50 minutes.
The site in Tashkent’s Mirabad district covers 0.66 hectares, and its buildings and structures have a total floor area of 11,000 square meters. The building was also offered at open auction in August 2025 at the same starting price.
According to the unified register of enterprises and organizations, Jarkurgan Build Group was founded in 2024 and is based in Tashkent’s Yashnabad district. Its charter capital is 28.6 billion soums. The firm Palace of Energy holds 61.51% of the company, and Dilmurod Siddikov owns the remaining 38.49%.
The sale is part of a program to relocate ministries and agencies to New Tashkent, which calls for selling 83 properties in the capital.
So far, 8 administrative buildings of ministries and agencies in Tashkent have been sold for a combined 1 trillion 120.4 billion soums, the agency said. Another 11 properties have been put up for sale with a combined starting value of 1 trillion 20.5 billion soums.
Proceeds from the sales are earmarked for building administrative infrastructure in New Tashkent.
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