🇷🇺 16.7 thousand applications were submitted from January to June 2024 for participation in the “Hectare in the Far East and the Arctic” program. This is 32% higher than the same indicator last year, experts say

An important factor in the growth of demand was the opportunity to use the received land for the construction of a house on a Far Eastern and Arctic mortgage at 2% per annum. The program has been extended until 2030

▪️18.4 thousand loans in the amount of 95.8 billion rubles were issued under the Far Eastern mortgage program from January to June 2024. This is 31% higher than the same period last year

An important factor in the growth of demand was also the ongoing work on the search and inclusion of liquid land in the program, including around large cities and towns. In the future, such territories are planned to be included in the program specifically for housing construction, including at the expense of credit funds

▪️”In general, the regions of the Far East and the Arctic are becoming more attractive from the point of view of the residential environment. In addition, large federal investments are coming to the regions, large—scale projects are also appearing here and infrastructure is significantly improving,” the experts emphasize in conclusion

@crystal_book