Industry report puts average Moscow developers’ margin at 58% - Construction & Real Estate - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Industry report puts average Moscow developers’ margin at 58%

MOSCOW, Feb 6 (PRIME) -- An average margin of Moscow developers stands at 58%, as seen by PRIME on Thursday in a report prepared by the Russian union of quantity surveyors.

The average housing construction cost in finished condition amounts to 97,150 rubles per square meter in Moscow, and the average sales price is 153,600 rubles per square meter. Corresponding prices for St. Petersburg, for instance, stood at 89,900 rubles and 119,300 rubles, respectively, and for the Moscow Region at 76,000 rubles and 88,300 rubles, respectively.

The margin of developers in the republic of Tatarstan amounted to 42%, in the Nizhny Novgorod Region to 25%, in the Sverdlovsk Region to 18%, in the Irkutsk Region to 27%, and in the Primorsky Region to 45%.

The margin in the other regions is around several percent, but there are 37 regions, where the margin is negative with the leading Chukotka Region, where construction prices amount to 56,170 rubles per square meter and sales prices stand at no more than 40,000 rubles per square meter.

(63.1742 rubles – U.S. $1)


06.02.2020 16:41
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 88.9578 +0.3265 19 sep
USD 75.0319 -0.1622 19 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1241.06 -0.18 14:35 18 sep
micex 2960.76 -0.37 14:35 18 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 183.90 +0.35 23:49 18 sep
lkoh 4793.50 -1.44 23:49 18 sep
rosn 382.55 -0.83 23:49 18 sep
sber 231.46 +0.17 23:49 18 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 88.6500 -0.1150 14:59 18 sep
USDTD 75.1900 +0.1925 17:44 18 sep