Belgrade returns construction land fee to the level from 2016

The City of Belgrade returned the amount of compensation for urban construction land to last year's level, it was decided on Thursday, June 15, 2017 by the members of the Assembly of Belgrade, Beoinfo reports.- With today's decision on compensation for urban construction land we return prices to last year's level and enable investors to work under the conditions under which they have worked so far, which is in line with the policy of the city to attract investment - the Mayor of the City Assembly, Nikola Nikodijevic said, Beoinfo reports.
Deputy Mayor of Belgrade, Andreja Mladenovic, has recently said, announcing this decision, that this way, a sudden jump of increasing contributions will be mitigated for investors and at the same time it will keep big investment trend of building in Belgrade.
Also, a number of legal facilities built in Belgrade would be maintained or increased, while at the same time, high investment momentum would be maintained, deputy mayor then outlined.