Housing construction increases in Yekaterinburg
Builders in Yekaterinburg constructed approximately 527,000 square meters worth of housing since the start of 2012. During the same time period in 2011, builders constructed approximately 520,000 square meters of housing, European-Asian News reports.
Of the 527,000 square meters of housing constructed, approximately 421,600 square meters worth of construction was for apartment buildings, representing 80 percent of the total. Individual housing accounted for 102,500 square meters of housing, 19.4 percent of the total construction. Low-rise construction for housing accounted for 2,900 square meters, or 0.6 percent of the total.
According to issued construction permits in Yekaterinburg, there are 162 multi-family residential buildings in the city with a total area of 1,887,300 square meters, European-Asian News reports.
In August, the Sverdlovsk region announced that it failed to qualify as one of the Russian constituencies that would receive federal housing subsidies for 2012, Ural Business Consulting reports.
Sergey Kiselev, the Sverdlovsk region deputy construction and infrastructure development minister, said that even though the region put up more housing in 2011 than in 2010, it failed to meet the target figures for the program.
The region received approximately $17.2 million through the program for housing in 2011, according to Ural Business Consulting.
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