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Russia - How can a Muscovite buy land at a discount

Russia (bbabo.net), - Last year, Muscovites saved more than 272 million rubles by buying land from the city on which their houses, dachas and personal subsidiary plots stand. It was possible to do this due to a 60% discount from the cadastral value of the plots. This was told by the head of the capital's department of urban property Maxim Gaman.

He recalled that since April 2020, a norm has been in force in Moscow that allows individuals to buy land from the city for individual residential buildings, garages or outbuildings at a reduced price - 40 percent of the cadastral value.

“Only owners of real estate located on land plots with permitted use for individual housing construction, personal subsidiary plots and gardening can use the right of redemption,” he explained. 4 million rubles, while Muscovites saved 272.1 million rubles thanks to the benefit."

In total, since the start of the benefit, citizens have bought 138 land plots from the city in nine districts. Most of them are located expectedly in New Moscow. In the same place, in the village of Burtsevo of the Filimonkovsky settlement, there is also the largest of the purchased plots - its area is slightly more than 25 acres. The owner paid 3.36 million rubles for it, saving 5 million.

To conclude a contract of sale, you need to contact the Department of State Property. You can apply through the mos.ru portal. The service is free and is provided entirely electronically. You can calculate the redemption price of a plot in advance by finding out its cadastral value on the official portal of Rosreestr rosreestr.gov.ru.

Russia - How can a Muscovite buy land at a discount