Russian Developers Ready to Build Apartment Buildings in Donbass

Six major Russian developers are ready to build blocks of flats in Donbass as part of the implementation of the programme of preferential mortgage lending, as announced on Tuesday by the Prime Minister of the Donetsk People’s Republic Vitaly Khotsenko. 

Picture: Mariupol; a screenshot of the video down below

“As part of the instructions of Deputy Prime Minister of Russia, Marat Khusnullin, on the implementation of the programme of preferential mortgage lending, the needs for residential premises were assessed. […] Six major Russian developers expressed their willingness to participate in the construction of housing and social infrastructure under the programme,” Khotsenko noted.

He added that negotiations are underway. In addition, sites have been identified in Mariupol for the construction of blocks of flats and in the Novoazovsky district for individual housing development.

Earlier, in the last week of December, it was reported that Mariupol is being actively rebuilt. The Head of the Ministry of Construction of Russia, Irek Fayzullin, and the acting Head of the DPR, Denis Pushilin, opened a restored school there and handed over the keys to new flats.

Fayzullin said that new houses in the city will appear almost every day in the next two years.

As reminded, in mid-December, Russian President, Vladimir Putin, decided to launch mortgage programmes for new regions of the country. According to the conditions, their residents can get a preferential mortgage loan at a rate of no more than 2 per cent per annum for the purchase or construction of housing. On Tuesday, January 3, the Russian government approved the relevant programme.

Ru-Main, 03.01.2023 
Source: TASS 

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