Monday, June 20, 2011

Expansion of Moscow have a positive impact on the development of the property market: Experts

The expansion of Moscow's positive impact on real estate development of the capital, analysts say. According to data obtained from a REGNUM correspondent analytical center "GdeEtotDom.RU" in case of realization of the idea expressed by Russian President Dmitry Medvedev at the opening of the St. Petersburg International Economic Forum, the real estate market of Moscow region will undergo significant changes. Now whole economic mechanism of Moscow and the Moscow region is divided powerful administrative barriers. The result is identical to the lifestyle and Mitino Khimki and the various mechanisms of state management, there is no systematic development of the region. Union territories, according to analysts, will ensure the unity of transport, social and engineering infrastructure, the possibility of an integrated development of border areas, will reduce the inequality of the budgetary framework, which causes severe imbalances in socio-economic development of the outlying districts of Moscow city and Moscow region.


Prospects for unification of standards of living in residential areas of Moscow and Moscow region annexed areas will add value to property that falls into the new borders of Moscow, noted experts. This might include such cities as Khimki, Mytishchi, Krasnogorsk, Odintsovo, Vnukovo, Reutov, Lyubertsy, and others. Now the difference in cost of similar quality apartments in Krasnogorsk and nearby Mitino can reach 25%: this is money that consumers are willing to pay for better quality of life, for presence of the subway, a Moscow residence permit, for a better quality of housing services, with their sometimes less cost, more modern and high quality health and education. Of the union will not only increase the value of housing in the new territories, but also the relative decline in demand for housing in older suburbs of Moscow, experts say. At the same time, thanks to new territories and new earth will appear to build homes for thousands of families waiting in Moscow. Now the Moscow government was faced with the almost complete absence of sites for social construction, because of what has to offer the apartment waiting list is not even close, and the average Moscow, or take a long-term process of harmonization of land use with the Government of Moscow Region.

New areas can also be inferred from the busy city of industry, the experts added. At the same time building areas of commercial companies, through a unified planning, will become more orderly - when a few developers in projects on border areas, in fact, interfering with each other and creating a patchwork non-system building, will be less. However, the unification process of the construction industry will be difficult - because of the large differences in the tradition of development in Moscow and Moscow region, which begin at the level of traffic schemes adopted land. While in the Moscow Region Institute of land ownership is booming in Moscow, and to this day it is almost there. This is an area in which Moscow during the joining area can learn from the experience in the field, explained experts.


Estimated output in the Moscow region government agencies, in their opinion, will be another impetus for the development adjacent to the Moscow area: at least will be built and reconstructed roads connecting the center of the capital with the new administrative center, equip with modern conveniences surrounding areas, build physical infrastructure. "The value of property in areas of priority development is strongly increased. However, the owners of reclaimed land, who want to gain solid ground for their jackpot, probably will face a strong state machine, as it is in the preparation of the Olympic Games in Sochi" - concluded the experts.

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