Tatarstan by 2024 should increase housing construction by 1.2 million square meters

By 2024, Tatarstan should increase its annual housing construction plan to 3.6 million square meters. For this year, the federal center has made relief, reducing the requirements to the previous 8 years. Deputy Minister of Construction, Architecture, Housing and Communal Services of the Republic of Tatarstan Ilshat Gimaev announced today at the round table of RBC Tatarstan that the plan for housing construction for the current year will be 2.4 million square meters. Remind you that in February 2019, the Ministry of Construction of the region reported that the figure for this year increased to 2.7 million square meters. Gimaev said that the federal center decided to go for relief in terms of housing construction in the regions after a series of consultations. In 2020, according to the deputy minister, the plan will be 2.45 million square meters, in 2021 - 2.48 million. In 2022, the volume of housing commissioned in Tatarstan should exceed 3 million square meters, reaching a figure of 3.4 and 3.6 million square meters in the next two years. “Now 3.5 million square meters of housing is being built in the republic. To fulfill the plan for this year, we have to pass about 900 thousand square meters. Thus, about 2.4 million square meters will move to 2020-2021 years. For the next two years, the picture is clear to us, but we need to work on the groundwork by 2024,” - said Gimaev. The representative of the Ministry of Construction explained that of 2.4 million square meters, which need to pass this year, the state programs are built about 400 thousand square meters, more than 1 million - commercial housing, and about 900 thousand - individual housing. To date, the country has already put into operation 1.6 million square meters or 61% of the plan for the year. “This is due to the fact that the developers wanted to hand over the objects before 1st of July, before switching to the system of project financing,” - said Gimaev.