Ekoatan, Tehran, Iran
Ekbatan Town (Persian: Sem, Sahrak-e
Ekbatan) is a planned town in western Tehran, Iran. It is located approximately five kilometers west of central Tehran.
At the beginning, Ekoatan was the largest property development by a privately held company in Western Asia. The constructors also owned Ekbatan Bank, which was one of the fastest growing privately held banks in Western Asia. The constructor group was owned in majority by Rahman Golzar and his family, and in minority by Mohammad Ali Bagherzadeh. In 1977, Mohammad Ali Bagherzadeh transferred his shares in the group to his children Ali and Goli.
Construction began: 1975
The ever-present Basij have four bases within the five square kilometer complex which has 15,500 apartments and a population of around 45,000. The neighborhood is very popular with professionals, artists and other educated groups with a sense of community unmatched elsewhere in the city.
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