Translartion. Region: Russians Fedetion –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
According to the results of 2024, positive dynamics of non-residential real estate construction are noted – 7.7% more was commissioned compared to 2023. This was reported by Deputy Prime Minister Marat Khusnullin.
“The construction of non-residential real estate is a key factor in the balanced development of territories. To create a modern residential development, it is necessary to have a developed infrastructure, as well as commercial, sports and socio-cultural facilities. In turn, new business projects seek to be located in prosperous residential areas, which helps to create a comfortable environment for citizens. Thus, according to the results of the completed national project “Housing and Urban Environment”, last year 38.4 million square meters of non-residential real estate were commissioned, which is 7.7%, or 2.7 million square meters, higher than the 2023 figures. The largest increase is observed in the commissioning of commercial (by 23.6%) and industrial (by 19.9%) buildings. The new national project “Infrastructure for Life” is the successor to the national project “Housing and Urban Environment” and is aimed, among other things, at building high-quality housing in combination with a comfortable urban environment, which attracts both residents and investors,” said Marat Khusnullin.
The Deputy Prime Minister noted that when analyzing the structure of commissioned non-residential facilities, the largest share is occupied by commercial buildings (9.5 million sq. m), transport, communications, religious, etc. facilities (8.8 million sq. m), followed by industrial buildings (6.6 million sq. m) and educational institutions (6.4 million sq. m). These categories account for approximately 80% of all non-residential buildings constructed.
Marat Khusnullin added that the leaders in terms of total commissioning of non-residential buildings in 2024 are the Central (13 million sq. m), Volga (6.9 million sq. m) and Northwestern (4.2 million sq. m) federal districts. The largest increase in total commissioning in 2024 is in the Far Eastern (52.7% compared to 2023), Siberian (34% compared to 2023) and Northwestern (15.5% compared to 2023) federal districts.
“Among the regions leading in terms of commissioning of non-residential premises, it is worth noting the Moscow Region (5.2 million sq. m) and the city of Moscow (3.5 million sq. m), the Krasnodar Region (2.4 million sq. m), the city of St. Petersburg (2.2 million sq. m) and the Republic of Tatarstan (1.8 million sq. m). The new national project “Infrastructure for Life” provides for a number of tools to support the construction of infrastructure, including the provision of loans, direct subsidies, as well as the development of key settlements,” said Minister of Construction and Housing and Public Utilities Irek Fayzullin.
About a quarter of the commissioned non-residential real estate is commercial buildings; in 2024, the share of buildings of this type in the total volume of commissioned buildings was 24.6%.
“Today, the leaders in terms of commercial building commissioning volume are Moscow Region (1.3 million sq. m), Moscow (1.6 million sq. m), Krasnodar Region (0.89 million sq. m), Sverdlovsk Region (0.49 million sq. m), the Republic of Bashkortostan (0.34 million sq. m), as well as the Republic of Tatarstan (0.31 million sq. m) and Stavropol Region (0.31 million sq. m). For the regions, the development of commercial real estate is especially important, since thanks to this, large investments come to the territories and they can actively develop. This indicates that a comfortable investment climate and other attractive conditions for business development have been created for companies in these regions,” emphasized Dina Safiullina, Director of the Federal Autonomous Institution “Project Directorate of the Ministry of Construction of Russia”.
In Russia in 2024, 25,881 permits were issued for the construction of non-residential buildings (3.2% of 2023) with a total area of 62 million square meters (12.7% of 2023). The construction area under valid permits as of December 31, 2024 amounted to 155 million square meters (15.2% of 2023).
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.