Monday, June 20, 2011

Will increase the prices of housing in the Federal District? experts' forecasts

The authorities in Moscow and Moscow region will create a working group to prepare a draft within two weeks of the new administrative center. According to data obtained REGNUM correspondent at the press center of the city government, reported by the mayor of Moscow, Sergei Sobyanin, commenting on the initiative of Russian President Dmitry Medvedev on the movement of government offices outside the Ring Road.

According to the mayor, in agreement with the Governor of Moscow Region for this purpose, a special working group. "We talked with the governor of Moscow region and agreed to establish a working group on the selection of areas for this project, and I think that within two weeks, we'll work out a negotiated solution," - said Sobyanin. According to the mayor, this decision will positively affect the development of the Moscow region, as "the geography of investment expands even further", and the business center outside of Moscow will develop areas that had engaged in "not appropriate".


In addition, according to Sobyanin, expanding the boundaries of Moscow at the expense of building such a center would reduce prices in the capital, "due to the fact that Russia will expand its borders, there will be significant new opportunities for housing."

How justified such a prediction? Real Estate Market experts expressed their position concerning the possibility of reducing the price of housing in the capital in case of expansion of its administrative boundaries and the creation of satellite cities.

"Prices of existing homes are formed based on many factors, chief among them - the location and accessibility, quality characteristics of apartments and houses, social infrastructure, as well as the prestige and social environment. Therefore, to talk about objective changes in the market over the removal of border Moscow at some distance from Moscow, I would not, - said General Director of "Real Estate RELAYT" Oleg Samoilov. - But let's not forget that a significant role in pricing and psychology plays a salesman. A notorious "Moscow residence permit" has long been some pride and lust of others. So, having received the status of "Capital", sales of apartments in attached to the Moscow city may attempt to raise prices. However, there will agree with this desire to customers, which in many cases, the purchase of apartments in Moscow is a consequence of the desire for economy and the inability to pay the purchase price of the capital - the big question. "

As for the new satellite city, in the immediate vicinity of the prices really can grow, the expert added. "The more that this area will become a magnet for wealthy citizens, business leaders and others who by occupation or for reasons of prestige to be closer to the" powers that be. "But this upward trend is likely to be local in nature and hardly be extended to the whole market, "- he explained.

"Prices for new housing in the city, which will be attached to the capital, of course, grow up, - said director of sales and marketing company" Domus Finance "Andrei Glebov. - The fact that a number of buyers - especially Muscovites - Moscow registration remains relevant. And this fact certainly affects market pricing. For example, now cost per square meter in the new building, located in the municipality, v500 meters outside Moscow and a similar new building, located at 500 meters, but within the Ring Road, differs by about 10 000 rubles. It is possible that prices would rise and cities not included in the city limits. This happens due to the fact that the city "move" from the so-called medium-and long belt of Defense in the Middle. However, if that happens , then the prices will be negligible: it simply will not market assumptions, "- stated the expert. As for the capital, the cost of new construction there is likely to remain unchanged - or rather, the changes will be linked to other factors, suggests Glebov.

General Director of consulting company RRG Kolokolnikov Denis believes that the settings of the project is too general to talk about the specific impact on a particular segment of real estate. "The mere creation of a satellite that carries an administrative function, should not have a significant impact on prices for commercial real estate capital in its present borders. This is a local project that is unlikely to seriously alter the balance of power in the capital market - he said. - When it comes to the accession of large areas around the borders of the existing metropolis, the impact on prices will be different. In the center of the capital prices are likely to remain unchanged. But in the peripheral areas of the existing buildings and in areas that will be part of Moscow, may be even more reduced by the emergence of new competing territories. "

"The possible expansion of the boundaries of Moscow is unlikely to have a major impact on the country real estate in the segment of the far cottages in terms of value. However, the psychological aspect of perception of such real estate has changed significantly," in turn, said the commercial director of the development group "Integra" Eugene Kopylov. "Remember a few years ago, giving over 100 kilometers from Moscow was seen as something difficult, but now for many buyers, this distance is not critical. And expand Moscow's positive impact on the development of this process - says Kopylov. - In addition , expanding the boundaries of metropolitan might help solve the problem of overpopulation, which currently suffer from many parts of the capital. psychological barrier for many Muscovites will be pushed back, and people will easily relate to the possibility of moving out of old housing in the new Ring Road outside the "ring". In addition, low-rise building will be developed that will affect the comfort of good living. "



Speaking of the existing cottage communities, which may come into the city limits, you should stay on such an important aspect as the change in status of the land, the analyst added. - It's no secret that many cottage settlements are implemented on agricultural lands with the permitted type of use under the country house construction. The inclusion of their areas in the city limits could result in the need to bring the status of the land and most buildings in urban areas. Of course, this will improve over time, living environment, although in the short term and create a number of problems owners of cottage communities ".

Recall, 17 June, Russian President Dmitry Medvedev, speaking at the opening of the St. Petersburg International Economic Forum (SPIEF), proposed to expand the boundaries of Moscow, creating "the Federal District", and transfer a significant part of government agencies beyond the existing boundaries of the city.

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