Real Estate and Construction

27.05.2020

Quarantine affects cost of rental housing in Uzbekistan

The quarantine has suspended many business areas, the revenue of cafes and restaurants has fallen to zero, tourism has been paralysed, training centres and the flower business have switched to online, and textiles have lost seasonality.

The pandemic had a significant impact on the rental housing market. According to OLX, prices...

The quarantine has suspended many business areas, the revenue of cafes and restaurants has fallen to zero, tourism has been paralysed, training centres and the flower business have switched to online, and textiles have lost seasonality.

The pandemic had a significant impact on the rental housing market. According to OLX, prices...

22.05.2020

Uzbekistan simplifies the purchase and sale of apartments in new buildings in Tashkent

On May 20, President Mirziyoyev signed a document that amends the state duty rates.

According to the changes, a separate fee for certification of real estate purchase and sale agreements in new buildings of Tashkent and Tashkent region for residents of other regions of the republic is cancelled. This duty was...

On May 20, President Mirziyoyev signed a document that amends the state duty rates.

According to the changes, a separate fee for certification of real estate purchase and sale agreements in new buildings of Tashkent and Tashkent region for residents of other regions of the republic is cancelled. This duty was...

22.05.2020

Uzbekistan develops experimental residence construction project

Two years ago, on 20 May 2018, President Shavkat Mirziyoyev got acquainted with the new residential complex in Andijan. Taking into account the relevance of the housing issue in this region, the Head of the state ordered to expand the construction of houses. Therefore, 20 seven-storey and 2 sixteen-storey houses...

Two years ago, on 20 May 2018, President Shavkat Mirziyoyev got acquainted with the new residential complex in Andijan. Taking into account the relevance of the housing issue in this region, the Head of the state ordered to expand the construction of houses. Therefore, 20 seven-storey and 2 sixteen-storey houses...

21.05.2020

Construction in Uzbekistan decreases by 10%

Construction in Uzbekistan over 4 months of 2020 decreased by 10%. In January-April, the value of construction and installation work amounted to 23.2 trillion soum, 90.1% of the same period last year.

With the value of building installation reduced due to an outbreak of coronavirus infection, there is an increase in...

Construction in Uzbekistan over 4 months of 2020 decreased by 10%. In January-April, the value of construction and installation work amounted to 23.2 trillion soum, 90.1% of the same period last year.

With the value of building installation reduced due to an outbreak of coronavirus infection, there is an increase in...

21.05.2020

Uzbekistan exempts selected construction engineering equipment from customs duties

The Resolution of the President “On measures to expedite the construction of multi-storey buildings in the regions” was adopted.

In accordance with the document, the following are exempted from customs payments (excluding value added tax and customs clearance fees):

for the period until January 1, 2021, imported new construction and special equipment,...

The Resolution of the President “On measures to expedite the construction of multi-storey buildings in the regions” was adopted.

In accordance with the document, the following are exempted from customs payments (excluding value added tax and customs clearance fees):

for the period until January 1, 2021, imported new construction and special equipment,...


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