In Moscow, the cadastral value of land may increase from 2027
The largest price increases are expected for plots for gas stations, low-rise construction and gardening
Quick Look
- From January 1, 2027, a revision of the cadastral value of land plots is planned in Moscow.
- The total cost is expected to increase by 34%, while in New Moscow prices for land for gas stations may increase by 172%.
AI-generated summary
Why It Matters
The Moscow authorities have ordered a draft state cadastral valuation of land plots, which should come into force on January 1, 2027.
Land for low-rise construction, gardening and gas stations may rise in price the most according to the cadastre in Moscow from 2027, Sergei Pivovarchik, managing partner of the consulting company Consul Group, told RIA Novosti.
The draft state cadastral valuation of land plots was prepared by order of the Moscow authorities. The document covers 277.5 thousand hectares and should come into force on January 1, 2027.
The total cadastral value of land in Moscow may increase by 34 percent - up to 26.96 trillion rubles. In New Moscow, the cost of plots for gas stations may increase by 172 percent, for low-rise buildings - by 88 percent, for gardening - by 77 percent.
Within the old borders of Moscow, the cadastral value of land for gas stations could increase by 65 percent, and for apartment buildings - by 26 percent. Hotel plots will rise in price the least - by no more than four percent.
Among metropolitan districts, land prices could increase most strongly in the Trinity District - by 66 percent. In the Novomoskovsk district the growth could be 57 percent, in the Northwestern district - 29 percent, in Zelenograd - 17 percent.
Open Questions
- What will be the final decision of the authorities on approval of the project?
