News about real estate: events, facts and developments on tafs uz.
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The Bureau of Enforcement is selling a two-story building with a warehouse in the Yakkasaray district via E-auksion. The starting price is 8 billion soums, with the auction scheduled for November 23. The lot is being sold under a court ruling, and a restriction has been placed on the building.
Aziz KarimovThe Dubai Executive Council, chaired by Sheikh Hamdan, approved three key policies: the Urban Centers Development Plan, the Sustainable Demographic Planning Policy, and the Digital Power of Attorney System. The Urban Centers Development Plan covers six main and 42 auxiliary centers, aiming to increase property values in targeted areas by 20 billion dirhams by 2040.
Otabek YusupovThe Bureau of Forced Execution has listed a three-story building with an area of 15.8 thousand square meters on Bunyodkor Avenue on E-auksion, where the Toshkent Avtomarkaz dealership and the Bog'don Grand Hotel operate. The starting price is 115.04 billion soums, with the auction scheduled for November 13.
Aziz KarimovChairman of the State Duma committee Boris Chernyshov explained that housing purchased in marriage is considered joint property, so each spouse can claim the deduction — even if the apartment is registered in the name of only one of them. The limit is 2 million rubles of expenses per person, with a refund of up to 440 thousand rubles.
Aziz KarimovChancellor John Healey is preparing a 'do no harm' budget: no rise in capital gains tax, a new levy on banks and less red tape. The main challenge is the outflow of the super-rich, who have left the country with wealth of about $160 billion, plus pressure from defence spending. Chancellor John Healey is preparing a 'do no harm' budget: no increase in capital gains tax, a new levy on banks, and reduced bureaucracy. The main challenge is the outflow of the super-rich, who have left the country with combined wealth of around $160 billion, along with pressure from defence spending.
Aziz KarimovThe Bureau of Enforcement is auctioning the lower three floors of a building in Tashkent's Shaykhantakhur district on the Jangokh massif. The starting price is 16.305 billion soums, with bidding scheduled for November 16. The lot is being sold by decision of the Bukhara Interdistrict Court for Economic Cases over debts.
Aziz KarimovFirst deputy chairman of the State Duma committee on construction and housing and utilities Alexander Aksenenko told Gazeta.Ru that the down payment does not cover all the costs of buying an apartment with a mortgage: separate money is needed for appraisal, registration, insurance, renovation, and a reserve in case of loss of income. Using the example of a 10 million ruble apartment, he estimated the additional expenses at hundreds of thousands of rubles.
Aziz KarimovMatthias R., a resident of Kahl am Main, won a private island in Nova Scotia in a Haribo promotion in 2005. The 'Back Lake Islands' plot of about 6.5 hectares is now listed for sale for 348,000 Canadian dollars (about 220,000 euros). According to Bild, the owner's parents can no longer manage the ten-hour journey, and the annual tax is about 2,500 euros.
Sevara AzamovaAccording to LonRes, in September sellers of prime London property agreed to discounts of 10.1%, while prices fell 7.1% year on year. The number of transactions was the lowest for September since 2016. Meanwhile, new listings have appeared in the 'super-prime' market, including penthouses for £15.5m and £20m.
Javlon TursunovChairperson of the Society of Appraisers of Uzbekistan Zebuniso Esonova and expert Shukhrat Abduvokhobov, in an interview with Kun.uz, expressed concerns that mass real estate appraisal results, used to determine compensation when property is expropriated for public needs, may understate the real market value and harm owners.
Javlon TursunovThe Bureau of Forced Enforcement is selling an unfinished 9-story residential building in Tashkent's Yashnabad district on E-auksion. The starting price is 70.66 billion soums; bidding begins on November 16.
Sevara AzamovaGarda Capital stock market expert Kirill Seleznev told Gazeta.Ru when one should consider selling an apartment or a car: if maintaining the property cuts spending on food and health, and ownership brings worry instead of benefit. He also gave recommendations on calculating the benefit and using the proceeds.
Javlon TursunovThe Bureau of Forced Execution has listed a commercial building with an area of 4028 sq. m in the Yangihayot district of Tashkent on E-auksion. The starting price is 15 billion soums, with the auction scheduled for November 16. The sale is being carried out under a decision of the Tashkent Economic Court dated July 2025.
Javlon TursunovAccording to Rightmove, in September sellers were cutting asking prices on more than 3,000 listings a day — a 15-year record. The average discount was almost 7% (about £21,000). Zoopla notes that buyers have become more cautious amid a three-year high in mortgage rates: supply rose by 5%, while agreed sales fell by 9%.
Dilnoza RahimovaKun.uz explained the taxation procedure when individuals sell land plots in Uzbekistan. The tax is paid by the seller; income is defined as the excess of the sale price over the purchase price (or over the cadastral value if documents are absent). No tax or declaration is required if the plot has been owned for more than 36 months.
Nilufar KarimovaShareholders of PJSC PIK Specialized Developer approved the delisting and termination of the company's public status. In September, the majority shareholder Nedvizhimye Aktivy, holding just over 98%, demanded a buyout of the remaining shares at 551.4 rubles each — the same price as the April offer. The register of shareholders is fixed as of October 20. The beneficiaries of Nedvizhimye Aktivy are not disclosed, though companies affiliated with Sergei Gordeev owned about 15% of PIK at the end of 2024.
Dilnoza RahimovaVatan Construction Company handed over 3,000 apartments on time within the “Yangi Qo‘yliq 1” project, with cadastral documents ready along with the keys. The next 3,500 apartments will be handed over within about 3 months. The next project, “Yangi Qo‘yliq 2”, offers a down payment starting from 29 million soums and monthly payments from 4 million soums.
Javlon TursunovMira Developments has presented the multibrand residential project Mira Golf Estates in Tashkent. The complex, located 18 km from the capital's center near New Tashkent, is planned to include a five-star hotel, educational institutions, recreation areas, and a golf course (advertisement).
Sevara Azamova
