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New Moscow Territories Demand New Prices
5.09.2011 12:21
New Moscow Territories Demand New Prices


      

The rise of prices in this area is temporal and characterized by speculating. Such situation is explained by an insufficient offer at the market. In 3-5 years the prices will decrease because of large-scale construction project, and the speculations won't bring any benefits to flat owners.


      

      

The stress will be laid on nonprofit housing, which is in demand. There are many elite residential complexes in the vicinities of Moscow, so one shouldn't expect mass premium building here. Experts suppose that the new distrcits of Moscow will be like the distcrict Kurkino, where low-rise buildings prevail. Persons on the waiting list and pretenders to improvement of housing conditions will most likely move there.


      

But one also shouldn't expect the reduction of prices, especially in the expensive districtss of the city.


      

One of the specialists Leonid Goryansky believes that new capital spaces are made for guests of Moscow - for peope from other Russian regions. He also adds that the process of blurring of Moscow has started long time ago, that's why the status of any city disrict doesn't matter at all.


      

The schedule time is about 40-50 years and its budget is 300 milliard of dollars.


      

source:


      

firstnews.ru/


Tags: Moscow Moscow accommodation    

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