The market value of demolished residential and non-residential properties will be fully compensated
In Uzbekistan, the market value of residential and non-residential properties demolished as part of renovation projects will be fully compensated. This was reported by the Ministry of Justice on its "Huquqiy axborot" Telegram channel.
Politics
24.02.2025, 11:29
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Buzilayotgan turar va noturarjoy obʼektining bozor qiymati toʻliq qoplab beriladi
According to the announcement, starting from May 1, 2025, all processes — from obtaining construction permits to the completion of the project — will be conducted entirely online through the "Transparent Construction" system.
Additionally, when issuing occupancy permits for newly constructed multi-apartment buildings, conclusions will only be required from the Construction and Housing and Communal Services Control Inspection and the State Fire Safety Authorities.
The practice of conducting instrumental-technical inspections before issuing occupancy permits for multi-apartment buildings registered with and monitored by the Inspection will be discontinued.
Starting from March 1, 2025, the construction of multi-apartment buildings under renovation projects will only be permitted after a notarized agreement has been signed with all property owners.
Property owners will be offered one of the following compensation options, based on their preference:
— Receiving ownership rights to a newly built apartment under the renovation program, with an area not smaller than their demolished property, ready for living. Additionally, all relocation expenses, including temporary rental costs during the construction period, will be fully covered.
— Full compensation of the market value of the demolished residential or non-residential property.
— Another type of compensation as agreed upon with the initiator of the renovation project.
Politics
24.02.2025, 11:29
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