The method of calculating the regulatory monetary valuation of land will be changed – StateGeocadastre

In the State Geocadastre there will be a new method by which a standard monetary valuation of land will be conducted. Thus, they should eliminate corruption abuses.

During the presentation of the development project, Denys Bashlyk said that it was a question of removing the Kf indicator from formula, which determines the coefficient of functional usage of the site of the settlement.

“We have already started the process of ordering the development of this methodology, it needs a long time to update. There are many complaints from local authorities and businesses about corruption, the corruption factor of the so-called Kf coefficient, with which one can play and understate or overstate a certain regulatory monetary value. We want to eliminate this opportunity, ”said Denis Bashlyk, Head of the State Geocadastre.

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