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USD 73.69 ↓

EUR 89.90 ↓

19 May, Wednesday

Ufa   °

Housing commissioned in January-March increased by 11% compared to 2020 in Bashkiria

Economy/Business

The volume of housing commissioned in the first quarter in the region increased by 11.7% compared to January-March 2020, Bashkortostan Statistics Agency informs.

9.6 thousand apartments with a total area of ​​694.6 thousand square meters were put into operation. 173 sq. m. of housing for every 1000 residents built.

This year, the individual construction sector continued to grow, and the apartment building sector decreased.

Citizens built 60.7% of housing at their own expense and with the help of loans. These are 3 692 own residential buildings with a total area of ​​421.8 thousand square meters (127.2% compared to January-March 2020 — then individuals built 331.7 thousand sq. m).

Developers — companies (legal entities) had put into operation 5.9 thousand apartments with a total area of ​​272.8 thousand square meters (-5.9% lower than the same level in 2020, when 290 thousand sq. m were built).

Bashkiria is in 7th place among the subjects of the Russian Federation in terms of housing construction in the first quarter of 2021, traditionally in 2nd place among the regions of the Volga Federal District.

/translated by Tatiana Aksyutina
Tags: housing, rates
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