Moscow joins top 3 due to new builds delivered in 2016
The largest volumes of housing construction among the subjects of Russia in the first half of 2016 were recorded in Moscow, the Moscow Region and Krasnodar Krai.
The Moscow Region has completed 9.4% of the total volume of commissioned housing in the country. In the Krasnodar region this figure amounts to 6.8% and in the Russian capital – 4.3%, reports Interfax referring to the Federal State Statistics Service.
It has to be recalled that in 2016 it is planned to commission about 8 million square meters of real estate in Moscow, including 4 million square meters of new homes. In 2015 the capital has put into operation a record amount of real estate – about 9.1 million square meters.