Deregulation in the building will reduce housing prices

29.11.2010 12:07
The draft law "On regulation of urban development", providing a significant reduction in the number of bureaucratic procedures in the construction industry, will promote investment in construction and lower home prices, said Galina Yatsishin, First Deputy Chairman State Committee.

"We are removing the serious administrative barriers in the construction industry. And expect to increase the activity of builders and manufacturers of building materials. We look forward to investing. Sure to reduce housing prices. After two months of registration of licenses and permits an investor a priori spend less than half of the year "- said Mr. Yatsishin.

In her view, the adoption of the proposed bill will be helpful in terms of preparation of the future town planning code.

"The adoption of this law will allow us to track both positive and negative points that he brings to the industry. Hence, make regular amendments to the Town Planning Code, and finally to accept it ", - stated First Deputy Head of the State Committee.

However, she stressed that some risk is the possibility of amending the text of the bill in parliament.

"Certainly, there are risks of changes in the law during its consideration by the Parliament. But we are the world working on this important document. Therefore, the State Committee, and Minregionstroy, and vice-premiers Tigipko and Tikhonov intend to monitor his every move ", - assured G. Yatsishin.

Earlier, Minister of Regional Development and Construction Vladimir Yatsuba stated that "the unbalance, then kill the revolutionary law, putting back something different from the already approved by the working groups and committees of the Cabinet and Prime concept, nobody will."

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