To acquire land for individual housing construction is possible in 40% of their cadastral value

Photos: Moscow 24/Lidiya Shironina

the Owners of infrastructure facilities on the land for individual housing construction will be able to purchase the land for 40% of the cadastral value.

on Monday, entered into force amendments to the law No. 48 “On land use in Moscow”, said the portal of the mayor and government capital.

According to the amendments, the price is set depending on whether there is a plot of the objects of capital construction owned.

the permitted use of the site must be individual housing construction.

in addition, owners will be allowed to conduct private subsidiary farming and gardening. Now the purchase of land for individual housing construction became more accessible for residents.

“the Owners of permanent structures will be able to pay only half the price to buy land,” said Deputy mayor for economic policy and property and land relations Vladimir Yefimov.

it is Noted that the exemption for the acquisition of land plots are only available to individuals.

Earlier it was reported that experts predict a drop in prices for new buildings in Russia up to 30%.

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