Tuesday, June 21, 2011

Creating the metropolitan area will spur development of all types of real estate: analysts

In connection with the formation of a new unitary market of the Federal District suburban property will undergo significant changes, analysts predict. According to data obtained from a REGNUM correspondent analytical consulting center "Miel", formed by the district will become even more attractive for investors, but the land can only become more expensive.

"In this case of cheap land at a distance of 15 km from Moscow will have to forget. In the next 5-7 years the price of one hundred square meters will be even more attractive to investors compared to the sleeping areas of Moscow, Moscow because of land available in long-term lease for 49 years "- commented the Managing Partner of" Residential Real Estate Miel "Vladimir Yakhontov


In this case, according to experts, the expansion of Moscow and the formation of suburbs - it's completely natural way of the huge metropolis. Legal resolution of this issue will spur the development of all types of properties, including the suburban. Now housing and lands at a distance of 15 km from Moscow are in high demand, and prices are much higher than in the more remote areas of Moscow region. If this area will be included in the capital, the housing will be built there even more. However, it clearly does not fall in price as demand is very high. "In addition, a very important issue networks, which cost a significant fraction of the cost object, - has explained Yakhontov. - If you connect them will be at current rates near Moscow, to avoid a sharp rise in prices, but if by Moscow - that prices will rise strongly" .


In the suburbs are much less social infrastructure than in the capital, and land outside Moscow while cheaper, analysts said. Connect to power in Moscow near Moscow real estate will affect the development of the region as a whole, including increased housing construction, social, and cultural sites.

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