Sunday, November 6, 2011

Ministry of Regional Development has recognized the growth of new housing costs

Regional Development yesterday published a draft order "On the average market price of 1 sq. km. m of housing area on the subjects of the Russian Federation in the second quarter of 2011" (the norm is applied in the calculation of welfare benefits for housing). According to the document the cost of 1 sq. km. m in Moscow will be 81.4 thousand rubles. that more than four times the amount of compensation in the Republic of Kalmykia (20.15 rubles.) 2.6 times higher than the level of the Yaroslavl region (30, 3 thousand rubles.) and 1.7 times greater than the "prices" in St. Petersburg (46.5 thousand rubles).. The minimum payout - 18.45 rubles .- is provided for 1 square. m in Chechnya (Republic of Northern Caucasian leaders in the minimum amount of compensation for housing). Almost three times the size of payments for housing in the capital and nationwide standard, established in February at 29.2 thousand rubles. per 1 sq. km. m (see "b" of February 16). In 2010, the growth standard was low throughout the Russian Federation. Compared with the cost of 1 sq. km. m in the first quarter of 2011, compensation for real estate in Moscow grew by about 5% from 77.5 thousand rubles. and 10, 2% compared to second quarter 2010 (73.8 thousand rubles. per 1 sq. km. m). But from the beginning of the year inflation has reached 3.6% in 2010 - 8.8%. In addition, According to the corporation "Glavmosstroy", from January 2010 to February 2011 the metal rose in price by 48%, cement - 28%, gravel and sand - 15%. As a result, only a formal increase in the size of compensation for housing, in reality made a market of "social construction" no interest to developers, and if the "crisis" for 2008-2009 gospodryady and state contracts allow builders to ensure that capacity utilization, but today most companies refuse to similar projects. "Even the basic" building "areas - and now it's Urals and the North Caucasus Federal District - do not allow the developer to go to a normal level of profitability, which he will be able to get on the commercial market "- said the" b "is one of the real estate brokers. The lack of" market conditions "leads to even out to work with "strategic" government customers. For example, the largest housing developers, who according to "Kommersant", built in 2009-2010 for the Ministry of Defence about 2.6 million square feet. m (bailed out on this for almost 90 billion rubles. ), doubt that in the future will continue to work with the military because of the low profitability of such projects.

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