Cost of one square housing, erected program Zhilstroysberbank, will be $ 600-950

/IRBIS, August 31, 2010/ - The cost of one square of the housing being built by the program Zhilstroysberbank will be from 600 to 950 U.S. dollars, said Mr. Serik Knockin President of Republic of Kazakhstan Agency for Construction and Housing and Communal Services (HCS) on its official blog. "Our agency, together with other concerned government agencies developed a scheme of the construction and sale of apartments to the general public using the mechanisms of Housing Construction Savings Bank of Kazakhstan (ZHSBB). The approximate cost of one square will be (depending on the region, in decreasing order) - 950, 807 and 600 U.S. dollars ", - said Mr. S. Knockin on his blog. He explained that under the scheme "Construction Savings Bank" shall establish a pool of investors willing to buy a home at a certain cost and class comfort, and akimat should allocate land to take stock of engineering infrastructure. In the construction and implementation of housing through the local executive body "Construction Savings Bank" sends him an application for construction of residential houses. Administration of using credits from the state budget makes the construction of residential houses. After entering the house in operation with the local executive body enters into sales contracts with the depositors of the Bank, and the Construction Savings Bank transfers to the local executive body of depositors funds. Local executive authority to repay the loan from the state budget. In the construction and implementation of housing through the private investor uses a similar mechanism, only the private investor makes the construction of residential houses with their own and borrowed funds. "Akimats already confirmed the presence of land fed with infrastructure. Implementation of these arrangements provided to begin later this year in the form of pilot projects in all regions of the country. Of course, much rests on the finances. The price issue is that of the Republican budget would require billions of tenge credit. But, sure, the program using the potential of housing construction savings of citizens prove their potential very soon ", - said Mr. S. Knockeen. [2010-08-31]