PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of January 27, 2025 No. UP-11

About measures for further development of the sphere of housing construction and enhancement of mechanisms of regulation of process of construction of residential and non-residential objects on the basis of equity

For the purpose of complex regulation of the sphere of housing construction in the country, since design stages before commissioning of housing, further development of the sphere of housing construction, enhancement of mechanisms of investment attraction, and also guaranteeing the rights and legitimate interests of citizens in the course of construction of residential and non-residential objects on the basis of equity:

1. Approve the offer of the Agency of strategic reforms in case of the President of the Republic of Uzbekistan, the Ministry of Economics and finance, the Ministries of Construction and Housing and Communal Services, the Central bank and the Ministry of Justice about implementation of the principle "Single lifecycle of housing" providing:

ensuring protection of the rights of physical persons and legal entities (further - the shareholder) in the course of construction of residential and non-residential objects (further - object) on the basis of equity;

the organization of housing construction with effective (intensive) use of the available land resources;

reducing terms of implementation of investment projects in the field of housing construction;

creation of reliable and effective possibility of acquisition of housing on the basis of equity and mortgage lending;

promoting of use of energy efficient construction materials in housing construction.

2. For the purpose of ensuring protection of the rights of shareholders in the course of construction of facilities on the basis of equity to establish within the principle "Single lifecycle of housing" the procedure according to which since July 1, 2025:

a) attraction of money of shareholders on the basis of equity in construction of facilities is performed by construction contract organizations, developers and customers (further - the builder) is exclusive based on the notarized agreement on the basis of the equity in asset construction (further - the agreement of equity) which underwent state registration in cadastral bodies;

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