7 million of commercial and residential real estate were put into exploitation last year in Moscow. It was announced on 8th of February, 2012 by Moscow mayor Mr. Sergey Sobianin on Moscow City Building and Construction Board.
The mayor emphasized that last year there were constructed 20% more real estate that in 2010 year. As a result 2.1 million of new buildings were constructed in Moscow.
The Deputy Moscow Mayor on city building issues Marat Khasulin reminded that last year 1.1 million square meters of construction were ceased. Moreover 700 thousand square meter of objects were restructured for a different function.