Limited Housing Purchases in 2025 for Residents in Lower Areas: Less Than 5 Square Meters Per Resident Allowed
Updated Article:
April 30, 03:10Yulia Bakayeva
In Nizhny Novgorod, the dream of owning a cozy nest with a family grows a tad further every day. As of now, the secondary market's one square meter of housing sets you back roughly 160,800 rubles, as per experts at "Cian."
With the maternal capital grant, given upon the birth of your first child (worth 690,300 rubles), you could nab about 4.3 square meters of property. If fortune smiles twice and you welcome a second bundle of joy, the resulting 912,000 rubles could secure approximately 5.6 square meters. These figures, crunched by our trusted experts, reflect the current real estate climate.
Experts have observed a shift in how families spend their maternal capital. Presently, close to 37% of recipients funnel the money into monthly payments, while a whisker over 28% go for kids' education expenses.
Now, it's worth noting that historically, maternal capital has been earmarked for housing loans, renovations, or purchases. However, the specifics can change region by region. In the case of Nizhny Novgorod, we found no recent info on how the program operates here.
With the economic environment seeming steadfast and the absence of housing-related updates in recent results, it's likely that federal housing support programs remain relevant in the region. But, without specific data or updates on the region, it's hard to pinpoint any significant newsworthy developments in the maternal capital housing usage scene in Nizhny Novgorod. For accurate and up-to-date information, consider consulting recent regional government reports or real estate analyses specific to the region.
- In Nizhny Novgorod's housing-market, the cost of one square meter in the secondary market amounts to approximately 160,800 rubles, according to Cian's calculations.
- With the maternal capital grant worth 690,300 rubles, you could potentially invest in around 4.3 square meters of real-estate in the city.
- Investments in the housing market aren't the only options for maternal capital in Nizhny Novgorod; a sizeable portion (28%+) is being allocated towards children's education expenses.
- The historic use of maternal capital has typically been for housing loans, renovations, or purchases. However, specific details for Nizhny Novgorod are currently unavailable.
- Despite the lack of recent updates, federal housing support programs may still be relevant in Nizhny Novgorod's finance landscape, making it essential to consult regional government reports or real estate analyses for accurate and up-to-date information.
