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Serbia, In January, 1,568 building permits were issued

In January 2023, 1,568 building permits were issued, which represents a decrease of 7.9% compared to the same period of the previous year. Of the total number of permits issued in January, 76.7% of permits refer to buildings, and 23.3% to other structures.

If only buildings are considered, 77.3% of permits were issued for residential buildings, and 22.7% for non-residential buildings, while the majority of other buildings are related to pipelines, communication and electrical lines (64.5%).

According to the permits issued in January 2023 in the Republic of Serbia, the construction of 2,903 apartments was reported, with an average area of 69.4 m². 

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Out of the total number of apartments in new residential buildings, 8.3% of apartments will be built in buildings with one apartment, with an average area of 139.3 m², and 90.7% of apartments will be built in buildings with three apartments or more, and their average the area will be significantly smaller and will amount to 62.1 m².

The estimated value of the new construction works in January 2023 is 90.5% of the total estimated value of the works. Observed by region, the greatest construction activity is expected in the Belgrade region, 41.1% of the predicted value of new construction, followed by Srem region (15.7%) , Nišav region (7.1%), Juznoba region (6.2%) , Šumadija region (6.0%) and Raška region (5.0%), while the shares of other regions range up to 3.0%.

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