A bonus from metro builders: the opening of the metro has increased prices for new buildings by 50%.
The Moscow districts that will benefit most from the development of the Moscow metro have been announced.
In the coming years, the Moscow metro development plan calls for the construction of approximately 40 stations, in addition to the 14 already under construction. Of these, 16 will open within the boundaries of "old" Moscow. Clearly, with the opening of the metro, the cost of new buildings located nearby increases by at least 50%.
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As Ruslan Syrtsov, Managing Director of Metrium, told MK, between 2028 and 2035, Moscow authorities intend to prioritize the development of the metro network in New Moscow. Approximately 20 new metro stations will be built there. Another 10 or so will run through the Moscow Region. At the same time, the active expansion of metro systems within "old" Moscow will not cease. Within the historical boundaries of the metropolis, the Moscow government has planned the construction of 16 stations. They will be located in six districts (ZAO, SUAO, SVAO, YuZAO, YuVAO, VAO) and nine districts of "old" Moscow (Mozhaysky, Moskvorechye-Saburovo, Tsaritsyno, Biryulevo Vostochnoye, Biryulevo Zapadnoye, Yaroslavsky, Yuzhnoye Butovo, Pechatniki, and Izmailovo).
Within "old" Moscow, the most intensive upgrades will be made to the transport infrastructure of the Mozhaisk district of the Western Administrative Okrug, the analyst noted. Five new stations on the Filevskaya Line are planned to open in this area by 2031: Vereyskaya, Belovezhskaya, Skoltech, Skolkovo, and Medical Center.
"The Rublevo-Arkhangelskaya station on the Rublevo-Arkhangelskaya metro line is currently under construction in Moscow's Western Administrative District," Artur Kuleshov, Acting Deputy General Director for Sales at MR, told MK. He also noted that five more metro stations are already planned for the Western Administrative District (Vereyskaya, Belovezhskaya, Skoltech, Skolkovo, and Medical Center on the Filevskaya Line). Their opening is tentatively scheduled for 2031. It's worth noting that the Aminyevskaya metro station in the western part of the capital took four years to build (2017-2021). During this time, new buildings within walking distance of it have doubled in price. This sharp price increase, however, also occurred against the backdrop of the industry's transition to project financing and the introduction of universal preferential mortgages. Nevertheless, in residential complexes near the Setun River Valley Park and given the current economic conditions, a price increase of 70-85% can be expected during the construction of the Vereiskaya station. "The increase in the price per square meter here will be influenced not only by the opening of the metro (+30-35%), but also by the rise in housing costs as construction progresses (+20-25%), active infrastructure upgrades, comprehensive improvements, large-scale landscaping, and the creation of modern workplaces and recreational spaces (another +20-25%)," the developer added.
"The development of the metro is having a positive impact on real estate liquidity in Moscow," Syrtsov concludes. He believes that apartment prices are rising particularly rapidly in areas that previously had no stations at all. Locations without metro access in the capital are becoming fewer every year. A key outcome of the next 10 years should be the convergence of "old" and "new" Moscow. Many new stations will be built in the New Moscow and Moscow, which will narrow the price gap between macro-locations. "In my opinion, improving the transport infrastructure in the Troitsky and Novomoskovsky districts will lead to the emergence of new business-class projects and even premium complexes. In "old" Moscow, the most promising district for investment is likely to be Mozhaysky, where the metro population density ratio will approach the level of the city center," the expert concluded.
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