In Uzbekistan, 67.9 thousand apartments were completed in nine months

67.9 Thousand Apartments Delivered in Uzbekistan Over Nine Months

In January–September 2026, 67,859 apartments were commissioned in Uzbekistan, which is 88.8% higher than the figure for the same period last year.

Over the nine months, 67,598 citizens received mortgage loans totaling 20.9 trillion sums.

This information was announced at a briefing by Ravshana Umarova, Press Secretary to the Minister of Economy and Finance and Information Policy Adviser.

In the "Yangi Uzbekistan" residential areas, 13,408 apartments were delivered during the reporting period. 677.1 billion sums were allocated from the State Budget for the development of engineering and communication infrastructure in these territories.

Overall, 140,206 apartments are scheduled for construction across the republic in 2026. As of October 1, 67,859 apartments have been commissioned. An additional 10,045 residential units were delivered under renovation programs.

According to the briefing data, as of October 1, the population of Uzbekistan, taking into account the census results, reached 39.5 million people. The urbanization rate stood at 54.5%, with the urban population at 21.3 million people. The "Uzbekistan – 2030" strategy sets a goal to bring the share of the urban population to 60%.

Since 2021, the country has been implementing a program for the comprehensive construction of "Yangi Uzbekistan" residential areas, which provides for the development not only of the housing stock, but also of transport, engineering, and social infrastructure. In 2022–2025, 55,264 apartments were built and commissioned in such areas.

The construction of another 33,926 apartments in 61 residential areas is planned for 2026. By October 1, 13,408 apartments had been delivered, representing about 40% of the annual plan.

In 2026, 1 trillion 152.3 billion sums are earmarked from the State Budget for the development of engineering and communication infrastructure in these areas. By October 1, 677.1 billion sums had been financed. These funds were used for road construction, the development of drinking water supply and sewerage networks, heating, and electricity supply.

The development of the mortgage market remains a separate area of state housing policy. For 2026, the allocation of mortgage loans totaling 23 trillion sums is provided.

Of this amount, 12.2 trillion sums are to come from the State Budget, 7.8 trillion sums from commercial banks' own funds, and 3 trillion sums from JSC "Mortgage Refinancing Company of Uzbekistan".

As of October 1, citizens were issued 20.9 trillion sums in mortgage loans, accounting for 91% of the annual target.

Compared to January–September 2025, the volume of lending increased by 39%, or by 5.9 trillion sums.

Of the total amount, 12.8 trillion sums came from the State Budget, 6.1 trillion sums from commercial bank resources, and 2 trillion sums from the mortgage refinancing company's funds.

Over the nine months, 1 trillion 208.1 billion sums were paid from the State Budget for mortgage loan subsidies. Of this, 407.8 billion sums were used to cover down payments for 13,722 citizens, and another 800.3 billion sums went toward compensating interest payments.

Under the renovation program, 30 thousand apartments are planned for delivery in 2026, and 35 thousand in 2027. The relevant tasks are established by Presidential Decree No. UP-29 dated February 24, 2026. In addition, by 2040, the share of apartments built under renovation in the total volume of multi-family housing construction is planned to be gradually brought to 60%.

The legal framework for updating the obsolete housing stock is enshrined in the law "On Urban Planning Renovation", adopted on June 10, 2026. The document provides for mechanisms to protect owners' rights, effectively use land resources, and finance urban redevelopment projects.

As part of the activities of JSC "Mortgage Refinancing Company of Uzbekistan", mortgage loans previously issued to citizens amounting to 2 trillion 273.1 billion sums were refinanced over the nine months. These funds covered about 9 thousand citizens.

In addition, 221.2 billion sums of mortgage loans were directed toward the eco-modernization of 1,594 residential units.

The company raised 685.6 billion sums from the European Bank for Reconstruction and Development and 1.3 trillion sums from the local capital market. By 2030, it is planned to increase its charter capital to 5 trillion sums, and its share in the mortgage market to 20%.