27.2% more building permits issued in February 2020 compared to February 2019

In February 2020, 1,420 building permits were issued, an increase of 27.2% over the same month of the previous year, reported the State Statistical Office (RZS). When analyzed by type of construction, 74% of permits are for buildings and 26% for other constructions.

If we look only at buildings, 62.6% refer to residential facilities and 37.4% to non-residential facilities, while other facilities are mostly pipelines, communication and electrical lines (59.9%). According to the permits issued in February, 2,720 flats with an average area of 65.5 square metres were built in Serbia.

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The index of the expected value of the construction works in February decreased by 7.1% compared to the same month last year. The estimated value of new construction works in February is 73.5% of the total estimated value of the works.

Viewed by area, the largest construction activity is expected in the Belgrade area, i.e. 34.2% of the expected value of new construction.

(N1, 16.04.2020)


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