MIL OSI Translation. Region: Russian Federation –
October 4, 2021, 15:35
Program members receive a 10 percent discount.
As part of the renovation program, Muscovites signed over 1,200 contracts for the purchase of additional space. “Since the launch of the renovation program, the purchase option has been used more than 1200 times: 922 contracts were concluded at the time of the move, 341 more – within two years after the resettlement. At the same time, all applicants are provided with a 10 percent discount on their purchase, “said the head of the Moscow Department of Urban Planning Policy of the city of Moscow. Sergey Levkin.
The interest of the program participants in the acquisition of additional space is steadily growing. So, in 2018, the Moscow Residential Development Fund signed 189 agreements on the purchase of space, and since the beginning of this year, 329 agreements have been signed.
In addition, program participants, if they wish, can buy another apartment in another area, but this opportunity is available only once. “The area of housing should not exceed 100 square meters. Both own and borrowed funds are used for the calculation. All participants of the renovation program are provided with free consultation, ”added the head of the department.
The renovation program was approved in August 2017. About a million Muscovites will receive apartments with improved finishes. For the implementation of the program, 523 launch sites were selected.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.