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September 21, 2021, 17:17

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In total, more than 1225 contracts have already been concluded with the participants of the renovation program.

Muscovites have submitted 1,339 applications for the purchase of additional space in new buildings under the renovation program. Many residents of five-story buildings want to buy additional living space even before the move began. This was told by the head Moscow Construction Department Rafik Zagrutdinov

“The interest of Muscovites in buying a larger living space is already taken into account during the design of new buildings. The Moscow Residential Development Fund has already received 1,339 applications for the purchase of additional meters in new buildings. Of these, 365 applications were filed within two years after registration of ownership of the received equivalent apartments. In total, more than 1225 agreements have been concluded with the participants of the renovation program, ”said the head of the Department.

Renovation program participants can purchase an apartment in a new building with a guaranteed 10 percent discount

The renovation program was approved in 2017. About a million Muscovites took part in it – they are residents of 5176 houses. All of them will be able to move to modern comfortable apartments. In 2021 it is planned build about 1.5 million square meters of housing.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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