Yuri Slyusar, deputy chairman of the Rostov region, announced on his Telegram channel that the regional administration would suspend issuing permits for new multi-apartment residential buildings in Rostov-on-Don. The move comes amid growing concerns among residents about the shortage of social infrastructure, including kindergartens, schools, and hospitals.
He said the suspension would take effect on December 1 and that city officials would be required to create a comprehensive inventory of all previously issued building permits. The goal is to align housing approvals with the capacity of the urban social infrastructure and to understand where gaps could hinder future developments.
Slyusar stressed that it is not feasible to approve or continue construction of high-rise blocks without ensuring access to essential social facilities. The measure places a temporary halt on new projects until a clear plan for infrastructure development is established and funded.
The previous day, market observers suggested that demand for new apartments in Russia could decline in 2025. A study by Yakov and Partners, referenced by Socialbites.ca, projects a drop of 19-35 percent in 2025 relative to 2024, reflecting shifts in buyer sentiment and financing conditions.
Analysts also note that mortgage rates in 2025 are a factor shaping the housing market, influencing affordability and purchase decisions. Lenders’ adjustments to terms and the coordination of infrastructure investments with housing plans will play a key role in the market’s trajectory in the months ahead.
The inventory of permits would examine active approvals and those issued previously to identify projects at risk of infrastructure delays and to support coordinated planning between developers and authorities. Officials emphasize that social facilities must keep pace with housing growth to sustain livability and long-term city planning goals.
Rostov region has seen rapid housing growth in recent years, and this pause underscores the importance of integrating infrastructure with development. For residents, the decision may mean slower options for new homes in the near term, potentially redirecting interest toward areas with existing or planned social services and better transit links.
While the forecast by Yakov and Partners indicates a notable potential decrease in 2025 new apartment purchases, observers caution that outcomes will hinge on how quickly social infrastructure projects are funded and delivered, as well as mortgage rate dynamics. The interplay among government planning, financing conditions, and buyer demand will shape how this pause affects Rostov’s housing market and broader regional development in the months ahead.