MIL-OSI Russia: Marat Khusnullin took part in the XXV International Housing Congress

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

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Marat Khusnullin took part in the plenary session “Strategy for the Development of the Real Estate Market”, which was held within the framework of the XXV International Housing Congress

Deputy Prime Minister Marat Khusnullin took part in the plenary session “Strategy for the Development of the Real Estate Market”, which was held as part of the XXV International Housing Congress.

“This year we are completing the national project “Housing and Urban Environment”, and quite successfully, having exceeded all plans. If we take analytics from 1991, the rate of housing commissioning has exceeded – in terms of per capita – the Soviet Union. I consider this our common great achievement. Another achievement is that we have promoted the mortgage market. Today, the mortgage portfolio amounts to 27 trillion rubles. Mortgages today make up 10% of GDP. Considering that the share five years ago was at the level of 2-3%, such a jump in five years is a breakthrough. At present, the mortgage sector remains a serious issue, which we are dealing with in a comprehensive manner. We also have mortgage programs in new and Far Eastern regions, programs for the IT sector and rural mortgages,” said Marat Khusnullin.

As the Deputy Prime Minister noted, the provision of citizens with housing in the amount of 29 square meters per person has also increased by now. At the same time, according to the President’s instruction, this criterion will be gradually increased to 33 square meters by 2030 and to 36–37 square meters by 2036.

According to the Deputy Prime Minister, the formation of a new national project, “Infrastructure for Life,” is also nearing completion. According to plans, it will allow for a more comprehensive approach to all issues, linking social, transport, and engineering infrastructure, as well as housing development and job creation.

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.

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