Number of "apartments on paper" in Prague already exceeds 22 000

Number of "apartments on paper" in Prague already exceeds 22 000

According to the latest analysis of the leading Czech developer "EKOSPOL" is currently in Prague planned development projects with 50 or more dwellings, total 22 387 new flats. This number includes all flats "on paper", which have not yet begun to sell. So with those already issued a building permit or zoning decisions and also projects that are just now in the process of obtaining the necessary permits.

What is surprising is mainly the rate at which the growing number of new projects planned. The number of planned flats grew by 12%, from 19 973 to 22 387 compared to the level of planned flats two years ago.

 

Source: http://news.kurzy.cz/334801-ekospol-number-of-quotapartments-on-paperquot-in-prague-already-exceeds-22-000-the-question/