Build­ing per­mits up in Oc­to­ber

Financial Mirror (Cyprus) - - FRONT PAGE -

Build­ing per­mits were up in Oc­to­ber, in num­ber, to­tal area and value, ac­cord­ing to data from the Sta­tis­ti­cal Ser­vice Cy­s­tat.

The num­ber of build­ing mu­nic­i­pal au­thor­i­ties and of­fices in Oc­to­ber were 467.

The to­tal value of th­ese per­mits reached EUR 81.9 mln, up 10.5%, and the to­tal area 76,800 square me­tres, up 9.6% com­pared to Oc­to­ber 2014.

Th­ese build­ing per­mits al­low for the con­struc­tion of 290 dwellings. Build­ing per­mits granted in Oc­to­ber 2014 al­lowed for the con­struc­tion of 271 dwellings.

Dur­ing the Jan­uary–Oc­to­ber pe­riod, a to­tal of 4,160 build­ing per­mits were is­sued com­pared to 4,180 in the cor­re­spond­ing pe­riod of the pre­vi­ous year.

The to­tal value of th­ese per­mits was up by 18.3% and the to­tal area by 14.2%. num­ber of dwelling units also recorded an in­crease of 14.2%.

Build­ing per­mits con­sti­tute a lead­ing in­di­ca­tor of fu­ture ac­tiv­ity in the con­struc­tion sec­tor.

The num­ber of build­ing per­mits is­sued in the Jan­uary – Oc­to­ber pe­riod in Nicosia and Fa­m­a­gusta Dis­tricts was up while it fell in the Li­mas­sol, Paphos and Lar­naca District, Cy­s­tat said.. per­mits au­tho­rised by the the district ad­min­is­tra­tion

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.