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Serbia's legislative body has approved legislation that sets the stage for a disputed property venture spearheaded by US President Donald Trump's son-in-law Jared Kushner in Belgrade.

The business entity Affinity Partners has planned to construct a high-end hospitality venue and housing complex on the premises of the former Yugoslav Army main office.

The damaged building, which was struck by NATO forces in 1999 amid its intervention to halt the Serbian military actions in Kosovo, holds emotional importance to certain groups who view it as a reminder and emblem of continuing opposition to the military alliance.

Serbia's President Aleksandar Vucic, who has maintained friendly relations with the former president, has endorsed the plans in the face of demonstrations and constitutional challenges.

In the past year, the national authorities stripped the property of its protected classification and authorized a 99-year rental agreement with Kushner's firm, which had presented designs for a half-billion dollar project.

The ruling sparked public gatherings and led to an probe into whether a Serbian official had forged records employed throughout the method to modify the property's status.

In a interview in June, Head of State Aleksandar Vucic justified the initiative, saying "it's essential to transcend the weight from 1999".

He continued: "We are prepared to build stronger relations with the America – I think that is extremely important for this state."

The delayed development procedure reached a climax recently when Vucic's party – which maintains a dominant in the assembly – pushed ahead with a specific vote on clearing the area and succeeded.

Dissenting lawmakers have labelled the decision unconstitutional, among them Aleksandar Jovanovic, who termed it as a "violation", and asserted the significant building would be exchanged with "casinos and spas".

Simultaneously, progressive parliament member Marinika Tepic stated the authorities was sacrificing the nation's history "to please Trump".

The passage of the bill has furthermore been challenged by architectural experts, and follows following a watchdog organization, an integrity body, raised worries about state-backed initiatives.

Based on national news accounts pre-dating his initial presidency bid, the former president earlier considered developing a hospitality property in Belgrade.

Earlier this year, the developer told media outlets he was unfamiliar of his father-in-law's alleged earlier interest.

The decision to clear the way for the development arrives as Vucic's cabinet seeks to preserve good ties with each of the United States and Moscow.

The nation has been influenced by each of Trump's economic policies and restrictions on the Russian Federation's interests in the state, encompassing on its only petroleum facility, the mainly Russian Federation-held Nafna Industrika Srbije (NIS).