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Housing in new buildings may become cheaper in Russia

... the cost of housing by 10-15%, which, as a result, will affect its final market price. It is assumed that the advantage for developers will be expressed in a decrease in labor costs for obtaining various kinds of approvals and permits in the lending ... ... various credit institutions. It is also assumed that testing of the new product will be carried out in the regions. According to Rifat Garipov, who is the chairman of the commission for project financing of the public council under the Ministry of Construction, the new instrument will also reduce the cost of housing. The proposed system can also contribute to ...

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