spot_img
Supported byspot_img

February sees slight increase in building permits, with emphasis on residential projects

The National Statistical Office reported that in February, a total of 1,817 building permits were issued, representing an increase of 1.1% compared to the same period last year. Of the total permits issued in February, 82.8% were for buildings, while 17.2% were for other types of construction.

When focusing on buildings, 81.2% of the permits were issued for residential buildings, and 18.8% for non-residential buildings. Among other types of construction, the majority was for pipelines, communication, and electrical lines, accounting for 73.2%.

According to the permits issued in February, the construction of 3,137 apartments was reported, with an average size of 75.8 square meters. Of the total number of apartments in new residential buildings, 8.8% will be built in buildings with one apartment, with an average size of 145.4 square meters. Meanwhile, 89.7% will be built in buildings with three or more apartments, and their average size will be significantly smaller, at 68.1 square meters.

Supported by

The projected value of new construction work in February amounts to 91.2% of the total projected construction value.

The highest construction activity is expected in the Belgrade area, accounting for 55.6% of the projected new construction value, followed by the South Bačka area (6.5%), Srem area (5.6%), and North Bačka area (5.3%). The share of other regions ranges from 0.1% to 2.8%.

Suppported byOwner's Engineer

Serbian households spend more than they earn: Essentials dominate 2024 budgets

In 2024, the average Serbian household was "short" by 460 dinars every month, with expenses outpacing income. The latest data from the Republic Statistical...

Serbia’s GDP growth over 25 years: An uneven journey marked by setbacks and slower expansion

Over the past 25 years, Serbia's gross domestic product (GDP) has grown by more than 130%, but this growth has been far from consistent....

NIS hiring over 200 workers for gas stations ahead of imminent U.S. sanctions

Although there is less than a month remaining before the United States begins applying sanctions to the Serbian Oil Industry (NIS), as well as...
Supported byVirtu Energy
Supported byspot_img
Supported byElevatePR Serbia
error: Content is protected !!