Moscow issued 11 thousand DDU using escrow accounts from the beginning of the year

22.06.2020

More than 11 thousand contracts for participation in shared construction (DDU) using escrow accounts were registered from January to May inclusive, the press service of the Rosreestr Office for Moscow reported.

This indicator is one third (33%) of the total number of DDUs issued for this period (33,390), the press service of the department explained.

“After the transition of the construction market to the new housing rules, Moscow has consistently been a leader among the regions of the Central Federal District of Russia in terms of the number of share participation agreements registered by Rosreestr involving escrow accounts,” said Igor Maydanov, head of the Rosreestr Moscow Office.

Source: Rosreestr

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