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What is the price of 1 square meter of land in Tashkent?
The Central Bank published the real estate report for 2023 (https://cbu.uz/upload/iblock/8b4/dy6ckw8vjie5h2k7j57bw6crdkcux0e0/Rynok-nedvizhimosti-4-kvartal.pdf). During the year, 335 real estate transactions were registered in Uzbekistan.
In 2023, the price of old houses (secondary market) increased by 35,1 percent, while new houses (primary market) increased by 39,6 percent.
In the city of Tashkent, the average price for 1 square meter of houses reached 1 dollars (212 dollars in 2022).
The price of 1 hectare of land in the capital increased from 2022 million soums in 263 to 362 million soums.
In 2022, the payback period for houses purchased through rent was 7,1 years, and in 2023 it reached 8,2 years (https://t.me/Bankir/4085).
We remind that 5 thousand 259 organizations operate in the field of construction of civil facilities and 14 thousand 408 organizations in specialized construction in Uzbekistan.