Sunday, July 3, 2022
A new apartment under the renovation program in Moscow can be registered online with a notary. To do this, the recipient of the apartment must fill out an application for mos.ru, according to the website of the mayor and the government of Moscow. This is another service "as part of...
According to TASS, the average cost per square meter of flats in Moscow grew by 17% in August 2021 compared to the previous year, while in St. Petersburg it increased by 34%, according to Alexei Popov, the chairman of the CIAN analytical center, TASS reports. In August, the average projected...
VTB began issuing mortgage loans for the purchase of land and the construction of a private house in a cottage community at a rate of 9.3% per annum, Russian media reported. "At the first stage, the bank provides loans to objects with complex development from accredited developers," VTB said in...
Prices for new buildings in Russia have increased by 15.5% in 2020, and by 13% from the beginning of 2021. On average, there is a rise in price by 25%, said Vitaly Mutko, general director of DOM.RF, at a meeting with Russian President Vladimir Putin. With such a rise in...
The government will compensate developers for the rise in prices for building materials, Russian Deputy Prime Minister Marat Khusnullin told Russian media. According to him, the situation with prices for building materials in Russia is "very difficult". Therefore, the government made an appropriate decision, and the rise in prices "will...
Cranes hover above the gleaming Neva River at St. Petersburg's historic Baltic Shipyard, where hundreds of workers are constructing four nuclear-powered icebreakers. The massive warships, which are emblazoned with the Russian flag and named after the country's northern regions, are designed to maintain Moscow's control over the melting Arctic. Russia has...
Russia's Ministry of Construction anticipates that the construction industry's steady growth will halt the steep rise in building material costs, as revealed by Irek Fayzullin, the department's chief, at the Innoprom International Industrial Exhibition, TASS reports. The volumes in industrial and civil construction allow us to have a steady...
Investors will construct over 300,000 square meters of commercial real estate outside the capital's core, where more than 7,600 people will be able to work, under the terms of five agreements on the program to encourage the creation of jobs. According to Deputy Mayor for Economic Policy Vladimir Eftimov, the...
There are almost 180 thousand prisoners in Russia who could work on construction sites. "This is quite a lot. Even if we mobilize 20-30% of them, then this is already not bad," Deputy Prime Minister Marat Khusnullin said in an interview with the Russia 24 TV channel. A similar experience...
The Russian authorities plan to attract 1 trillion rubles ($13.1 bln) of non-budgetary funds for the construction of roads in the country in the next three years, Deputy Prime Minister Marat Khusnullin told reporters during the Transport Week, TASS writes. "We have set the task of attracting extra-budgetary money -...

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