Cabinet of Ministers may raise regulatory cost of agricultural land in 1,7 times

15.06.2011 14:30
Property News | Cabinet of Ministers may raise regulatory cost of agricultural land in 1,7 times The Ukrainian Government has this week may raise regulatory monetary value of agricultural land in 1,7 times - to nearly 20 thousand UAH / ha.

"This week will already be taken by Cabinet decision, where the normative monetary evaluation of land will be increased in 1,7 times", - deputy head of the State Agency for Land Resources (Goszem) Mykola Kalyuzhnyi at a press conference in Kiev on June 14.

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According to him, after the increase in regulatory monetary value will increase rents to land.

"If we now have an average rent for the land share - 330 UAH., After recalculation, it will be 600-700 USD per hectare. That is, if the average share - is 4,2-5 m, then it will amount to approximately 3 -3.5 thous. "- added N. Kalyuzhny.

As reported, the Ministry of Agricultural Policy and Food of Ukraine proposes that the Government increase the regulatory cost of agricultural land by 70% - to 19,5 thousand UAH / ha.

Earlier N. Kalyuzhny announced plans to introduce a new methodology of normative and monetary evaluation of land with a maximum of 1 June 2012, at which its costs increase by approximately half.

Goszem planned later this year to test a new normative and monetary evaluation of land in 6 areas, and since January 1, 2012 or up to June 1, fully recalculate all the land at the new prices.

www.zagorodna.com
Content tags: land property valuation
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