Anticipated Kazakhstan Housing Availability for the Year 2025
Kazakhstan's Housing Construction Plans and the 'Nauryz' Program
A rough estimate of the number of Kazakhstanis who may secure housing by the end of 2025 has been provided by Baktijan Zhunisbekov, the chairman of the Committee for Construction and Housing and Public Utilities of the Ministry of Industry and Infrastructure Development.
As reported by our correspondent, the country aims to construct 19.2 million square meters of housing this year, equivalent to over 176,000 apartments. The housing demand is considerably high, with more than 654,000 individuals on the waiting list, which includes socially vulnerable groups, military personnel, families, orphans, World War II veterans, and those living in dilapidated housing.
Zhunisbekov stated at a briefing at the SЧK that at least 10,000 apartments would be allocated for rental and mortgage housing, potentially enabling nearly 20,000 more people to purchase apartments at a discounted rate due to the funding for the 'Nauryz' program's interest rate. This initiative started a year ago, and over 7,000 Kazakh families were credit-approved last year, primarily families without housing for the past five years with savings.
New mortgage program to be available to Kazakhstanis in March: what's known
Approximately 20% of the total rental housing is allotted to orphans and large families. In the past year, over 13,000 beneficiaries received such housing, with more than 11,000 families receiving state support by paying half of their rent. Additionally, regional administrations issued housing certificates to assist beneficiaries in making their initial mortgage payments under a preferential program.
Embarking on May 24, Kazakhstanis in need of housing can submit applications through the "Housing Ensurance Center" information platform and register. This platform will begin operation on May 24 at 09:00, accessible via the website orken.otbasybank.kz using an existing EDS.
For users seeking the latest news and updates, official government websites and local news sources for Aktau City are recommended for accurate and up-to-date information regarding the availability of the "Bakhyt Otbasy" program in Aktau City. It is also advisable to contact local authorities or organizations involved in the program for more accurate information. Unable to verify information on the necessity of a "connected" in the housing queue or issues with registration and webpage availability.
orken.otbasybank.kz using your existing EDS.
The 'Nauryz' program, a government initiative to provide housing, will offer financial assistance for mortgage payments through reduced interest rates, benefiting around 20,000 people. In the realm of business and finance, this program aims to construct and distribute at least 10,000 apartments for rental and mortgage housing, contributing significantly to meeting the high demand for housing in Kazakhstan.
