Construction organizations are now only permitted to sell apartments after the building shell has been erected and roofing work is completed. This measure is designed to protect citizens from unscrupulous developers who attracted funds through advertising but failed to fulfill their obligations.
Consequences for citizens and enforcement measures
As President Sadyr Japarov reported, many companies previously sold housing during the initial stages of construction. As a result, buyers were unable to receive their paid property for years, and developers failed to return the money.
Criminal cases are being initiated against companies that violated citizens' rights. Law enforcement agencies are identifying their assets, and responsible individuals are being detained. In several cases, problematic sites are being completed under state control to subsequently hand over the housing to people. If damages cannot be recovered, the guilty parties are held accountable according to the law.
Context
Sadyr Japarov serves as the President of Kyrgyzstan. The situation in the construction sector was announced during a meeting with residents of Bishkek.
