New Tax for Big Real Estate Developers. Cseke Attila: New Neighborhoods Must Also Mean Roads, Schools and Green Spaces
4 Articles
4 Articles
The developers agreed that, after an order of the macroeconomic scenario, changes in internal processes are coming
The Urbanism Code introduces a tax for large real estate developers, from which infrastructure, nurseries, roads or utilities are built. Article New tax for large real estate developers since the end of August. Money could go to roads, schools, nurseries and utilities appear first in Romania TV.
Who pays for the infrastructure of the new neighborhoods? The project of the new Code of Urbanism brings to the fore a local fee of equipment, through which the great real estate developers will be able to be co-opted directly to the financing of the transport networks and utilities.
Development Minister Cseke Attila announced that, for balanced urban development, the Land Management, Urbanism and Construction (CATUC) Code introduces an instrument by which real estate development can be better correlated with the development of public infrastructure: local land-use equipment tax. "We cannot build thousands of homes and then find that there are not enough roads, water and sewerage networks, schools, public services or green s…
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