Real Estate Exchange realizes objects for 199.054bn soums
11/01/2011 12:02
Real Estate Exchange realizes objects for 199.054bn soums
11/01/2011 12:02
Tashkent, Uzbekistan (UzDaily.com) -- Real Estate Exchange closed joint stock company (Uzbekistan) realized over 9,500 objects for total sum of 199.054 billion soums in twelve months of 2010. The growth of sales rose 1.25 times year-on-year in 2010.
In the reporting period, 2,589 units of state property for 2.454 billion soums were transferred to private ownership. The growth rate on sum made up 35.5% and number of objects – 31.5%. In it turn, 2,574 objects of them were land areas and other 15 objects, which were included to privatization programme.
To implement presidential resolution “On measure on further deepening privatization processes and active attraction of foreign investments in 2007-2010” from 20 July 2007, the Real Estate Exchange set regular monitoring of offered and realized property. In 2010, the exchange sold 15 objects for 566.64 million soums.
In the secondary market, the exchange realized 6,900 objects of private property for 196.5 billion soums, which made up 99% of total sales volume. Analysis showed that businesses mainly expressed interest in production, administrative, habitation and other property in 2010.
In line with the presidential resolution “On measures on further improving activity of department on execution of court decision, material-technical and financial provision of courts under the Uzbekistan Justice Ministry ” from 31 August 2006, the exchange and its territorial branches conducted open auctions on sale of real estate and automobiles, put for sale by court officers.
The exchange realized over 1,020 real estate objects and automobiles, put for sale by court officers, through auction for 12.6 billion soums in 2010.
Real Estate Exchange renders services on realization of property of budget organizations and state enterprises on current market prices to implement the resolution of the government. The exchange realized 164 such objects for 622.04 million soums in 2010.
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