Rosreestr: quantity of applications for registration of rights on real estate grows due to the reduction of administrative barriers
The number of applications for state registration of real estate rights received from Moscow developers in the third quarter of 2017 increased by 1.5 times compared to the second quarter, the press service of the Rosreest Office for Moscow reports.
“The number of applications from developer companies taken by Rosreestr in Moscow in the third quarter of 2017 increased by more than 1.5 times compared to the second quarter and amounted to 21,722”, the report says.
In Rosreestr noted that the department faces the task of reducing administrative barriers to the involvement of new facilities in economic circulation. “The ability to timely formalize their rights to real estate affects the investment climate and attractiveness for Russian and foreign developers,” – said the head of the Moscow Office of Rosreestr Igor Maidanov.
Source: Moskovskaya perspectiva