Construction reform will lower property values and reduce the time construction

20.01.2011 09:41
Articles about real estate | Construction reform will lower property values and reduce the time construction If signed by the president of the new law "On regulation of urban development activities, permitting procedures will become clearer and clearer. This will help reduce the cost of real estate and accelerate the construction of buildings.

This opinion was expressed, commenting on the Verkhovna Rada adopted the Law, Deputy Head of Legal Department of the development company "KAN Development Nikolai Zdrilko, wrote more.

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"The law generally aimed at deregulating licensing procedures for construction, reducing corruption, strengthening the declarative principle for applying for the start of construction. This, in turn, should help reduce the cost and timing of construction of residential and commercial real estate," - said the expert .

According to him, developers do not expect instant impact document on the real estate market as it takes to take a number of government regulations that increase the effectiveness of the law. However, an important aspect of the simplification of licensing procedures can be considered the duty of local authorities to bring its normative acts in conformity with the laws and regulations of the central government. "This will make the building licensing procedures more transparent and to avoid ambiguous interpretations," - says Zdrilko.

Recall, January 13 Verkhovna Rada adopted a bill on the whole Cabinet, "On regulation of urban development", prepared by a working group headed by Deputy Prime Minister Sergei Tigipko jointly with the Ukrainian Construction Association. The law assumes that the number of licensing procedures in the construction chain will be reduced from 93 to 23, while the maximum period of receiving all necessary permits be reduced from 415 to 60 days.

Also thanks to the mechanisms that are being implemented in law, in particular the creation of a "single window" for building permits and zoning of the country in a package with the preparation of all necessary documents for land plots for the setting, will almost level corruption in the construction industry.
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