Availability of
housing square meters per person in
Novosibirsk exceeds the federal standard.
According to Maxim Markov, project director of the ELKA Development Group of Companies, at the 3rd Novosibirsk Developers Summit, the federal standard is 24 sq. m. m. Novosibirsk approached the mark of 28 square meters. m, while Moscow did not even reach 20 sq. m.
According to the expert, this circumstance is one of the critical events that can fundamentally affect tomorrow's
market of new buildings cities. Another critical change is the explosive growth in equity registrations. According to Rosreestr, in February of this year, compared to February 2018, the number of registrations of equity participation agreements increased by 60 percent.
“None of the developers I interviewed confirmed the same sharp increase
sales of apartments. Apparently, construction companies are actively rewriting DDUs for someone. It is still unknown how and when they will enter the market, and how developers will receive payment for them,” Maxim Markov noted.
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