10 MILLION new square metres to be built in Belgrade in five years
According to latest data of the Statistical Office of the Republic of Serbia, the value of construction work in Serbia increased by 40 percent in the third quarter of this year. This is the highest construction growth rate since 2010. Belgrade is being constructed the most, where construction of several new settlements with tens of thousands of apartments is planned. The new settlements will be built in Cukarica, Ada Huja, next to Pupin’s Bridge, in Ovca and in Block 18, across the Belgrade Waterfront. “Between five and six thousand housing units are expected to be built in the Makis Field. I can assume that the price will be around EUR 1,000, but bearing in mind that most of the land is privately owned, market will have the final saying,” Head Urban Planner Marko Stojcic has said. Five years ago, only 30 percent of Belgrade’s territory was covered by detailed regulation plans, and now the percentage rose to nearly two-thirds. Ten million square metres of residential space are expected to be built over the next five years. According to plans, the construction of new settlements will be accompanied by the new transport infrastructure. The first subway line should link Makis Field and Ada Huja, where a bridge over the Danube River will be built as well.