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Date: 2 months ago   Category: Realty

The real estate market — 2019. Reset


The Russian developers, brokers, consultants and bankers — all who are connected with the housing market — entered new reality. Rules of the game change and become tougher. What will new year bring? Photo: Dmitry of Serebryakov/TASS In the Russian real estate market, at least, in the sectors relating to housing construction, the main trends of 2019, of course, will be connected with cardinally changed legislation, first of all — 214 Federal Laws, regulating a segment of shared-equity construction. Cancellation of habitual DDU and transition of builders to bank project financing, obligatory application of escrow accounts for investment of funds of shareholders — and, according to the last amendments, since July 1 this rule will concern not only new, but also in general all objects under construction, regardless of when the construction license is got; still a number of serious toughenings of rules of the game — here entered such New Year's reality the Russian developers, brokers, consultants, bankers and all who are connected with the housing market. So to compare the 2019th to the past, the 2018th it will be extremely difficult. On the eve of New year we just talked about it to the CEO of the KR Properties company Sergey Matiukhin: Sergey Matiukhin the CEO of the KR Properties company "It will be already necessary to compare not here with last year, and to antecedents because it will be real such new life for all. And, in my opinion, it simply will be necessary not to all in such look. The few will want to work by these rules. It is a lot of conscientious developers who built beautiful, convenient projects, worked really both for the city, and for people. But owing to the changing rules of the game it is very difficult to adapt to the fact that rules change practically time in half a year. To think that is called the next year — it in general put ungrateful. We see that not only rules of the game in the construction market change, but also in general the situation in the country for many reasons changes very strongly: both rise in price of various goods, and increase in tax levies. I think that year will be not the simplest". Among trends-2019 about which not only Sergey Matiukhin, but also practically all professional players told, first of all, noticeable reduction of number of the companies. Some will just leave the market, without seeing in it any prospects. Others, having left "dolevka", will try to find themselves in other segments — we will tell, in a segment of individual housing construction as the Kaskad Family company already stated, by the way, before — the builder of townhouses, largest in the Moscow region. The third will pass whenever possible to sale of ready housing, that is, in fact, to become participants not of primary, but secondary market: for example, the president of FGC "Leader" Vladimir Voronin said that now the share of ready apartments in total sales of the company — 30-35%, and has to grow a minimum to 50%. It is still difficult to estimate disaster scale, but by the most pessimistic estimates, the industry will dry out somewhere on two thirds, having lost a set not only maidens

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