Timing of administrative procedures in Moscow construction sector decreased by 2.5 times
The time required for administrative procedures in construction industry fell by almost 2.5 times in five years. At the same amount (from 48 to 19) decreased the total number of procedures for developer.
In 2010 completing administrative procedures took 589 days (1.5 years) and 4.2% of project cost. In other words, if the project was worth 10 million rubles, 420,000 rubles were necessary for completing “paperwork”. In 2016, the average timing for administrative procedures amounts to 244 days and 1.7% of the project cost.