Ministry of Construction of the Republic of Tatarstan: 1 million 38 thousand square meters of housing was commissioned in Tatarstan - that consist 42.8% of the plan

As of 17th of May , 1 million 38 thousand square meters of housing was commissioned in the republic, which is 42.8% of the plan. This was announced today by the Minister of Construction, Architecture and Housing of the Republic of Tatarstan Irek Faizullin at a meeting in the House of Government of the Republic of Tatarstan. The meeting in the form of video conference was held by the President of the Republic of Tatarstan Rustam Minnikhanov. The Prime Minister of the Republic of Tatarstan Aleksey Pesoshin took part in the meeting. The Minister reported that the Inspectorate of State Construction Supervision since the beginning of 2019 conducted about 500 inspections. For violation of the rules and regulations of labor protection, 107 resolutions were issued for a total amount of 4 million 470 thousand rubles. Self-regulatory organizations conducted inspections of 425 organizations - members of the SRO.

According to the program of multi-unit investment housing, 78 houses are under construction in a high degree of readiness, in an average - 32, in a low - 5. In part of individual housing construction in the republic from planned 7 thousand 325 houses, 3 694 objects were commissioned. Irek Faizullin recalled that from 1st of July 2019, developers will be required to work on escrow accounts. A number of banks in the republic have already passed accreditation in the direction of development of construction under equity participation agreements and the opening of escrow accounts. Rustam Minnikhanov called on financial organizations to assist construction companies. In particular, he proposed to organize training activities for the preparation of the necessary documentation. “We need to understand a new form of work. The developers do not have the relevant experience: how to correctly complete the documents, what procedures to carry out, etc. The developers need support from the Ministry of Construction of the Republic of Tatarstan and from banks. It should be a joint work,” - added the President of the Republic of Tatarstan.