Almost 100% of developers submit quarterly reports online
198 out of 206 companies (98%) have submitted e-reports in the QII, 2016 via the portal of state services, said the Head of Moskomstroyinvest Konstantin Timofeev.
He noted that for the same period of the last year only 6 out of 165 developers (4%) have submitted quarterly reports online.
“Almost all the companies have enjoyed the benefits of online delivery of reports. It helps to save time for developers and regulatory agencies,” said Konstantin Timofeev.
According to him, today in Moscow 221 developers attract funds of citizens. 22 of them have started sales of apartments and registration of contracts in QIII of this year.
“Bearing in mind that each time the number of developers, who sent us reports through the portal of state services increases, we expect 100-percent figure in QIII,” Konstantin Timofeev said.
Representative of Moskomstroyinvest reminded that for QIII of the last year only 10 companies out of 174 (about 6%) have submitted reports in e-format.
“In 2015, electronic submission of quarterly reports was not yet mandatory. But since March 1, 2016, it became mandatory in Moscow. Thus, the number of conscious companies in the Moscow market of shared-equity construction is increasing,” Konstantin Timofeev said.