MIL-OSI Russia: Marat Khusnullin: Since the beginning of the year, more than 4.2 million square meters of housing have been put into operation using DOM.RF mechanisms

MILES AXLE Translation. Region: Russian Federation –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

From January to September 2024, over 4.2 million square meters of housing were commissioned in 49 regions for 84.4 thousand families using DOM.RF instruments. Of this volume, over 2.06 million square meters were built using project financing from DOM.RF Bank. In addition, 1.62 million square meters were built on sites that were put into circulation and transferred to investors through auctions, as well as over 533 thousand square meters using the infrastructure bond mechanism. This was reported by Deputy Prime Minister, Chairman of the Supervisory Board of DOM.RF Marat Khusnullin.

“Improving the housing conditions of citizens is a priority in our work. In his May decree, the President set us the task of increasing the average housing provision to 33 square meters per person by 2030. And we are systematically moving towards this goal. For the further development of housing construction, it is important to more actively engage in the involvement of unused land plots in circulation. We must also not forget about the development of social, road, and utility infrastructure, which stimulates the launch of new housing projects. DOM.RF also makes a significant contribution to this work. Thus, over nine months, with the participation of the state company, over 4.2 million square meters of housing for 84 thousand families have been commissioned,” Marat Khusnullin emphasized.

The leading regions in housing commissioning using DOM.RF tools over three quarters were: St. Petersburg (458 thousand sq. m), Tyumen region (422.5 thousand sq. m), Moscow (356 thousand sq. m. . m), Krasnodar Territory (more than 294 thousand sq. m) and the Republic of Tatarstan (280.3 thousand sq. m).

Over nine months, authorities in 30 constituent entities of the Russian Federation issued permits for the construction of over 1.93 million square meters of residential real estate on sites that were previously transferred by DOM.RF to developers and regions. The leaders in this indicator were: Voronezh (310.5 thousand square meters) and Tyumen (more than 244 thousand square meters) regions, as well as the Republic of Bashkortostan (237 thousand square meters).

“The results of the three quarters of this year have consolidated the trends that have developed over several years of our active work with the regions. On the one hand, more than 40% of housing was commissioned with the participation of DOM.RF in five regions – leaders in this indicator. This indicates a great interest on their part in using the group’s instruments. On the other hand, the number of regions using DOM.RF mechanisms is constantly increasing. In addition, we see an increase in the share of housing that is being built with the involvement of project financing from DOM.RF bank and infrastructure bonds. All this testifies to the effectiveness of the measures used to develop housing construction in the country,” said Vitaly Mutko, General Director of DOM.RF.

Over three quarters, the state-owned company brought into circulation 220 land plots with a total area of over 927 hectares for housing and other construction in 54 regions of the country.

In addition, eight projects for the integrated development of territories on sites with a total area of about 258 hectares were approved during the specified period. These sites are located in the Amur, Irkutsk, Kemerovo and Murmansk regions, as well as the Mari El Republic. Here it will be possible to build more than 717 thousand square meters of housing with all the necessary infrastructure.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

http://government.ru/nevs/52932/

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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