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Real estate news in Astana

10/13/2018 07:45Fitch affirms Kazakhstan Mortgage Company at BBB, predicts more positive ratings    ( Astana Times )
ASTANA – Fitch Ratings has affirmed the long-term issuer default ratings (IDR) of the Kazakhstan Mortgage Company (KMC) in foreign and national ...
09/08/2018 20:40Young Kazakh families, public sector workers entitled to lower down payment through home loan ...    ( Astana Times )
ASTANA – New options have been created by Baspana Mortgage to reduce the financial burden for young families and public sector workers, who ...
07/05/2018 04:05Social mortgage program starts in Kazakhstan    ( AKIpress (press release) )
COM - The social mortgage program 7-20-25 has started in Kazakhstan, ... Mortgage loans were provided in Almaty, Astana, Atyrau and Uralsk, ...
06/21/2018 01:05Kazakhstan plans to issue mortgage loans    ( Trend News Agency )
The loan is limited to 25 million tenge for the cities of Astana, Almaty, Aktau, and ... Any citizen of Kazakhstan with an income, either from work and/or ...
05/26/2018 23:45Kazakhstan soon to start issuing first mortgage loans under state housing program    ( Trend News Agency )
Their ultimate cost has already been established at the level of 25 million tenge in Astana, Almaty, Aktau and Atyrau and 15 million tenge in other cities ...
05/05/2018 17:351300 Expo Town apartments to go on sale in June    ( Astana Times )
ASTANA – Baiterek Development, a subsidiary of Baiterek Holding, will release 1,300 Expo Town apartments for sale June 1, reported The buildings ... Purchases may also be mortgaged through second-tier banks and Kazakh House Construction Savings Bank housing loans. To insure ...
04/20/2018 21:25New favourable home loan programme to begin in second half 2018    ( Astana Times )
ASTANA – The National Bank's 7-20-25 mortgage programme to provide favourable loans for Kazakh citizens to buy homes will begin in the second half of this year, Kazakh National Bank Chairman Daniyar ... “A programme for refinancing mortgage loans was implemented in Kazakhstan in 2015.
04/08/2018 22:25Foreign currency mortgages to be converted to tenge, older mortgages to receive payment support    ( Astana Times )
ASTANA – The National Bank of Kazakhstan updated March 27 the nation's mortgage loan refinancing programme to convert foreign currency mortgage loans to ... 1 last year Kazakh legislation has prohibited the provision of mortgage loans in foreign currency to individuals not earning in this currency.
04/05/2018 20:30Kazakhstan to provide first cheap mortgages in H2 2018    ( AKIpress (press release) )
AKIPRESS.COM - The Nurly Zher Housing Construction Program will be changed in accordance with the new mortgage program “7-20-25”, Minister of Investments and Development Jenis Kasymbek told a press conference on April 4 in Astana. “This is mechanism of cheap resources and every working ...
03/31/2018 17:25New Single State Real Estate Cadastre to be digitised by 2021    ( Astana Times )
ASTANA – The Single (Unified) State Real Estate Cadastre (SSREC) will be drafted to collect data from all property objects and infrastructure in Kazakhstan. The draft will be completed using the merged information systems within the Digital Kazakhstan state programme, said Minister of Information and ...
03/17/2018 18:20Kazakh National Bank presents consumer-friendly home loan programme    ( Astana Times )
ASTANA – The Kazakh National Bank recently presented the 7-20-25 mortgage programme, which will provide soft conditions for every citizen with official income to purchase housing. The plan was initiated by President Nursultan Nazarbayev to provide sufficiently lower 7-percent interest rates ...
03/17/2018 17:20New York real estate baron to return assets to Kazakh BTA Bank    ( Astana Times )
ASTANA – Kazakhstan's BTA Bank will receive assets and money worth $38.3 million after reaching an amicable agreement with Joseph Chetrit, an American developer and former partner of fugitive oligarch Mukhtar Ablyazov. “During a trial initiated in 2015 by BTA Bank JSC and Almaty Akimat ...
03/06/2018 23:20There will be no craze, says Zhenis Kassymbek about new mortgage program    ( (press release) )
ASTANA. KAZINFORM - Kazakh Minister of Investments and Development Zhenis Kassymbek believes that the new government program on affordable mortgages can be implemented without any craze, Kazinform correspondent reports. "I think that having a new player in this market will result in ...
03/06/2018 22:35PM sets deadlines for execution of President's assignments    ( (press release) )
KAZINFORM - Prime Minister of Kazakhstan Bakytzhan Sagintayev has set deadlines of implementation of the new social initiatives outlined by President ... According to the Prime Minister, the Kazakh National Bank will develop a new mortgage program "7-20-25" and set up a special organization.
03/06/2018 16:20Nazarbayev announces Kazakhstan to lower mortgage costs, reduce taxes on low-wage workers ...    (Latin American Herald Tribune)
Kazakhstan to Widen Social Safety Net, Increase Microlending - Latin American Herald Tribune
01/12/2018 17:50Kazakh HR agencies will join the Electronic Labour Exchange    (Astana Times)
Real estate prices to hold steady, experts say - Astana Times
01/09/2018 01:45Realtors do not expect major changes in Kazakhstan's real estate market    ( Trend News Agency )
In 2017, Kazakh citizens observed relative stability in the primary real estate market and a decline in the secondary market. The price was stable - at the level of 318,000 tenge per square meter in new buildings in Astana. In Almaty, prices for new housing have fluctuated in between 430,000-450,000 ...
08/04/2017 04:20Astana to host Commercial Real Estate Exhibition    ( (press release) )
ASTANA. KAZINFORM On October 19 and 20, within the framework of the annual Commercial Real Estate Week (CREW), Kazakh capital will host the ...
06/02/2017 02:15Kazakh banks launch housing subsidy programme    ( Astana Times )
ASTANA – The country's seven banks have begun issuing mortgage loans at 10 percent for residents as part of the Nurly Zher Housing Construction ...
05/31/2017 05:00Kazakhstan's Dirty Laundry: Money Laundering and New York Real Estate    ( The Diplomat )
In the case of Kazakhstan, Astana's elites use Western financial systems — for example, offshore companies, with ownership kept secret — to buy ...


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