The residential construction market is further away from the target of 120 million sq. m. m per year. According to Deputy Prime Minister Vitaly Mutko, in the next two years in some regions of Russia housing commissioning may be reduced by 20 percent.
“Forecasts are quite understandable. After all, the market cannot be rebuilt overnight, plus everything depends on the economy of the regions,” Mutko said.
According to his calculations, up to 38 percent of developers whose projects banks consider too risky will not be able to receive project financing. The government is working to ensure that such companies still have the opportunity to receive loans. At the same time, the total amount of state guarantees cannot exceed the amount of capital of state-owned companies, i.e. 100 billion rubles.
Experts predict a reduction in housing commissioning, primarily due to the withdrawal of a number of companies from the market. The main reason will be the inability to finance projects, and the demand in the country is falling due to a decrease in income.
According to the forecasts of the Ministry of Construction, the volume of commissioning in 2018 may be from 80 to 86 million square meters. m of housing. This was announced in September by the head of the ministry, Vladimir Yakushev. However, he is concerned about the decline in the volume of commissioning of apartment buildings - in favor of individual ones. In 2020, an increase in commissioning is expected - up to 94 million square meters. m, but in 2021, commissioning will decrease again.
According to Nikolay Alekseenko, General Director of the Construction Complex Rating Agency, by the end of the year, commissioning in the amount of 75-77 million square meters should be expected. m. This is less than last year.
According to NOZA analysts, by the end of the year, 74 million sq. m of housing, including up to 39.3 million sq. m of industrial and up to 34.7 million square meters. m - individual.
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