Residential construction contributed with 25% to the total GDP growth, with this segment achieving positive results and generating a net profit of 8.8 billion dinars.
According to the Central Registry of Integrated Building Permit Procedures (CEOP), in the last two and a half years, 200,100 building permits were issued, and the total number of received electronic applications for building permits went up by 10.27%. This is what the latest data published on the website of the Business Registers Agency shows.
According to this data, in the first half of this year, close to 45,000 building permits were issued, which is 13.2% more than in the same period last year.
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On average, it takes seven working days to issue a building permit, while in some municipalities it takes a little bit longer, which is a huge improvement considering that, not so long ago, developers had to wait six months, and sometimes even a year, to be issued with a building permit.
Building permits, as well as all other documents required for construction, are now issued electronically in Serbia. Furthermore, the number of relevant procedures has been reduced and the parafiscal charges in construction have been abolished. For example, the use permit is now free of charge, while, back in the day, construction developers had to set aside 0.2 percent of the value of the facility that is being built to cover this cost.