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MIL OSI Translation. Region: Russian Federation –

With a 10 percent discount, you can buy additional square meters only once.

All participants of the renovation program can purchase additional space with a 10 percent discount. During the operation of the program, this opportunity was used over 660 times. Such a number of contracts were concluded by the townspeople with the Moscow Fund for the Renovation of Housing Development. The head of the capital Department of Urban Development Policy Sergey Levkin.

“Since the beginning of the resettlement, residents can purchase additional square meters to improve their living conditions. This can be done both directly during the move, and within two years from the date of registration of ownership of the new apartment. To date, more than 660 agreements have been concluded with the fund, ”the head of the department noted.

The right to purchase additional space can be used once, while the apartment should not be more than 100 square meters.

The participants of the renovation program use their own and borrowed funds, as well as state housing subsidies and certificates, maternity capital. They receive all services and consultations free of charge.

More than 1200 families have moved to new apartments under the renovation program in the south-west of Moscow 42 houses were settled under the renovation program since the beginning of the year

The housing stock renovation program was approved in 2017. It concerns about one million Muscovites. For its implementation, 472 launch sites were selected.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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