From the beginning of the year Moscow built over 4.5 mln. meters of real estate

20.05.2019

Since the beginning of this year, about 4.5 million square meters have been built and commissioned in Moscow of real estate for various purposes, while housing is about half of the total input, said Deputy Mayor of Moscow for urban planning and construction Marat Khusnullin.

“Moscow is the only region in the country where the volume of non-residential space input is comparable to residential construction. This indicates a good investment climate, a healthy market situation. Despite the large volumes of construction of retail and office space, developers continue to receive permission to build these particular categories of real estate, ”said Marat Khusnullin.

The deputy mayor noted that the plans of the city authorities this year to put into operation about 8.5 million square meters. meters of various real estate.

“However, today, when more than 4.5 million” squares “have been introduced, it can be said that the plan is likely to be exceeded, and we will approach the figure of 9 million square meters of real estate,” the head of the Moscow Construction Complex added.

Source: Moscow Construction Complex

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