Moscow fulfilled the annual plan for housing construction ahead of schedule

26.11.2020

Since the beginning of the year, about 3.7 million square meters of residential real estate has been built and commissioned in the capital, which even exceeds the annual plan by 100 thousand “squares”, Andrei Bochkarev, deputy mayor of Moscow for urban planning and construction, said.

“Despite the pandemic of coronavirus and the associated restrictions on construction activities, the capital is not just fulfilled ahead of schedule, but also exceeded the annual plan for the introduction of residential real estate. With planned indicators of 3.6 million square meters. m to date, an indicator of 3.73 million square meters has already been achieved”, – Andrei Bochkarev said.

The head of the Construction Complex emphasized that such indicators, including, allowed to achieve measures to support developers, as well as stable work on the implementation of urban programs in the field of residential construction.

“It is worth noting that the total volume of real estate commissioning since the beginning of the year amounted to 8.2 million sq.m. with an annual plan of 8.5 million” squares. ” There is no doubt that it will be fulfilled. This shows not only the investment attractiveness of the Moscow real estate market, but also the safety margin of the entire Moscow Construction Complex”, – Andrei Bochkarev said.

Source: Moscow Construction Complex

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