Sunday16 February 2025
inbusinesskz.com

"Complete by the end of the year": Tokayev has instructed to advance housing construction in Kazakhstan.

During an expanded government meeting, Kassym-Jomart Tokayev emphasized the need to reform the housing management system, as reported by NUR.KZ citing Akorda.
"Токаев поручил завершить строительство жилья в Казахстане до конца года."

"The next priority task is the large-scale reform of the housing management system. By the end of the year, we need to develop a Unified Information System, which will ensure complete digitization of all processes - from urban planning to the commissioning of facilities," - stated President Kassym-Jomart Tokayev.

He reminded that last year, Kazakhstan achieved a record in housing construction, with 19 million square meters completed.

"However, it is important not to get carried away with the volume, but to focus on improving the accessibility and quality of the housing provided," - added Tokayev.

Recently, it was reported that a new housing program for technical specialists named "Nauryz Zhumysker" would be launched in Kazakhstan.

At the end of December, it was announced that "Otbasy Bank" plans to start working on the launch of Islamic mortgage in Kazakhstan by 2025.

Prior to this, we reported on the costs of apartments under the updated "Nauryz" and "Otau" mortgage programs in Kazakhstan.

It was also noted that the rules for issuing housing certificates for mortgage home purchases have changed. The rules for this process have been updated, allowing assistance to be available even to those with higher incomes.

Additionally, Kazakhstan plans to relaunch two more housing programs in 2025: "Umaï" and "Green Mortgage." There will be no restrictions on housing ownership for borrowers under these programs. Read more here .