Businessman Vagan Arutyunyan and His Ongoing Projects
The First Art Newspaper on the Net    Established in 1996 Wednesday, March 12, 2025


Businessman Vagan Arutyunyan and His Ongoing Projects



Real estate and development circles recognize Vagan Arutyunyan as a prominent figure. In his role as AVA Group's leader, he directed development efforts across housing infrastructure and urban planning projects. Through the development of extensive residential and commercial properties, the company contributes to urban modernization while enhancing living standards. AVA Group remains committed to housing expansion while implementing construction innovations through its projects in Sochi and Krasnodar.

Vagan Arutyunyan in Sochi: The "Kislorod" Residential Complex

One of AVA Group’s latest projects in Sochi is the "Kislorod" residential complex. This development includes several buildings designed to fit into the natural landscape. The complex is located near parks, walking trails, and green spaces, offering a mix of city convenience and outdoor access. Vagan Arutyunyan’s biography is filled with similar projects.

The project demonstrates a strong commitment to sustainable development as its main characteristic. The construction materials for the buildings are environmentally sustainable while the complex operates solar-powered lights and provides electric vehicle charging stations. The community areas available to residents include sports facilities as well as children’s playgrounds and co-working spaces. Modern living requirements receive coverage through features that enable individuals to work, relax, and get exercise within one location.

The project takes both accessibility and location into account. Positioned near public transport routes, this complex provides residents with convenient access to Sochi's different areas. People who love beaches will find the seaside nearby. The project stands out in the region because it merges city infrastructure with natural surroundings.

Expanding Housing and Infrastructure

Beyond Sochi, businessman Vagan Arutyunyan has been involved in other residential and commercial projects through AVA Group. In recent years, the company has completed several housing complexes, helping to provide more living spaces in growing cities.

One example is the "Letniy" residential complex, which was completed ahead of schedule. This project introduced modern apartments with digital services, making the home-buying process more efficient. The key handover process was also fully digitalized, allowing residents to access their new homes quickly and easily. The development included community spaces to encourage interaction among neighbors, reflecting a broader focus on improving urban living.

AVA Group has completed projects that integrate residential buildings with commercial shops and office spaces that are all situated near recreational areas. The design of these developments intends to establish independent communities that enable residents to reach necessary services and workplaces as well as leisure facilities without long-distance travel.

Vagan Arutyunyan: Technology in Construction and Property Management

The biography of Vagan Arutyunyan would definitely state that technology plays an important role in AVA Group’s projects. In recent years, the company has introduced digital tools to improve construction, sales, and property management.

For homebuyers, the company has developed virtual sales offices, where customers can explore properties through digital tours. These virtual platforms allow buyers to view apartments, check layouts, and get information about pricing—all without visiting a physical office. This approach makes it easier for customers to find and purchase homes remotely.

AVA Group is also using data analytics to track construction progress, manage resources, and reduce delays. By analyzing market trends, the company aims to plan developments more efficiently and ensure projects meet current demand. These digital solutions help improve project timelines and enhance the overall experience for buyers and investors.

Community and Social Initiatives

Alongside real estate projects, Vagan Arutyunyan’s Ava Group has also taken part in community initiatives. In 2024, the company organized a charity event called "DobroYolka", aimed at providing New Year gifts for children in need. Employees across different office locations participated in collecting and donating presents, continuing a tradition that has taken place for several years.

Additionally, AVA Group has contributed to educational programs, supporting school infrastructure and learning facilities near its residential projects. As urban areas grow, access to schools, medical centers, and public spaces becomes increasingly important, and some of the company’s developments include these elements within their planning.

Looking Ahead

The real estate industry is changing, with a greater emphasis on sustainability, technology, and community-focused planning. Businessman Vagan Arutyunyan and AVA Group continue to work on projects that reflect these trends. Whether through eco-friendly housing, digital property services, or large-scale urban developments, the company remains involved in shaping modern city landscapes.

With ongoing projects from Vagan Arutyunyan in Sochi, Krasnodar, and other regions, AVA Group continues to expand its role in urban development. As demand for housing and infrastructure grows, the company’s approach to integrating technology and improving city spaces will likely play a part in the future of real estate.










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