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Main » Articles » Real Estate » Estate in Ukraine

What awaits the construction industry this year

Over the last 5 years 2009-y was indicative of the negative sign for the residential real estate market.

And not only in remote corners of Ukraine. Low access to "affordable" credit resources in an economic downturn has dramatically reduced the volume of sales transactions. According to the builders and officials, it happened because of mistrust of its main investors - the people - to the developers. In 2009, it was built 6.4 million square meters. meters of housing in 2008, this figure was 10 million square meters. m

Last year, the industry failed to earn almost $ 100 billion hryvnia. As a result of: curtailing investment and the decline in construction nearly doubled, says UBR.

At the beginning of 2010 in Ukraine building sites 4356. Of these, 3000 - frozen, and all the rest - really dostraivayutsya. But in order to sell them, must take into account the requirements of buyers who have changed a lot. Now people want to buy an apartment already with your interior design and minimum kitchen and bathroom.

With regard to the sale of building materials - their sales have fallen by almost half. They do not demand. For January - February 2010 builders completed work on the $ 3 billion 300 million hryvnia. In the comparative prices are 20% less than last year. Developers hope to help the state. In particular, a program of construction of social housing and facilities within the EURO-2012. At the same time, experts say, the domestic market will increase demand for domestic construction materials. The quality of which is not inferior to imported and the price is 25-30% lower.

Stops development of the industry and a number of problems which are now even more acute. It is both corruption and price hike mortgage to 26%, and the time which is to receive authorization documents and hike a hundred instances. So the developer should be patient and avoid all the circles of permitting procedures.

Step 1. Obtaining permits for construction of the facility. Time - about 2 months

Step 2. Obtaining baseline data for design object. Time - about 2 months.

Step 3. Planning, coordination and approval of project documentation. Duration: development - is set in the contract with the designer; agreement - 15 days in one instance, an assertion - 1 month.

Substep 3.1. Conduct a comprehensive public examination of the project construction. Time - of 45 calendar days (may be extended to 120 calendar days).

Step 4. Obtaining permission for construction. Time - about 1 month.

Step 5. Construction of the facility. Time - set in the Construction Contract.

Step 6. Acceptance into operation a complete object and design of its architectural and technical passport. Duration - 1 month.

Building owners say that the cost of the object is only 54% of the total value of Newbuilding. But everything else - sharing, network, demolition of buildings, etc., and suggest that in these "unstable" for the industry in time to hold on to these charges or reduce them to 10%. Law reform and support the construction sphere, according to experts, are needed immediately in the market. For these changes, and investment capital will go to Ukraine.

The representative of the investment campaign Yuri Kurenkov said: "We now feel it is important to security, and if not profit, but at least our repayment of investment. It is necessary that the state and investors have become partners." Investments will be back when the price of real estate fix. What now happens.

Housing prices below will no longer speak in Minregionstroe. Last year the cost of space in new buildings fell to 16-38%. Depending on the class and location. In the secondary market square meter was at 3-8% higher than in the primary. Deputy Minister of Regional Development and Construction Dmitry Isayenko on the pricing policy said: "Prices in general - is something that the Ministry sought for many years: to make the cost affordable. Today the market price is available, cheaper than it is today, it can not be."

In the Ukrainian Trade Guild said that the volume of transactions fell in 2,5-3 times. However, at the beginning of 2010 specialists observe a recovery in housing market sales. At the pre-crisis figures have not yet emerged, but compared to last year the situation improved: transactions of purchase and sale was 30-35% more.

And developers, and relevant ministry officials predict that since the middle of this year, the market situation will change and house prices start to rise because of declining numbers of new facilities commissioned in recent years.

Category: Estate in Ukraine | Added by: Дмитрий (12.04.2010) W
Views: 299 | Rating: 0.0/0

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