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Economy/Business
17 March 2023, 19:31

Long-term construction decreased by three times in Bashkiria

At the beginning of 2022, there were 106 houses from Bashkortostan in the federal register of complex objects. Now their number has dropped to 38. More than 2,600 thousand residents of the republic have either received keys to apartments or monetary compensation.

“Despite the positive dynamics, the number of participants in shared construction, whose rights have yet to be restored, remains significant. Every effort must be made to ensure that by the end of 2023, there are no problem facilities in the republic. By this date, the President of the Russian Federation instructed the regions to ensure the completion of all construction begun in the country and not to create the appearance of new deceived equity holders," said Alexei Kasyanov, the chief federal inspector for Bashkiria, at a meeting on the socio-economic issues of the region.

It reviewed the roadmaps for completing the construction of each of the 38 remaining high-rise buildings using federal and regional mechanisms and measures to meet the deadlines for housing delivery. The situation with shared construction is controlled by supervisory authorities who conduct inspections in developers' firms.

Author: Azat Gizzatullin

Translated by:Tatyana Aksyutina
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