Open AccessCorrelation between trends in the residential real estate market and subway development in the metropolises of the Russian Federation
Author(s) -
Irina Ilyina,
Egor Kovalsky,
Tatyana Khnikina,
О. В. Воронова
Publication year - 2021
Publication title -
e3s web of conferences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.203
H-Index - 22
eISSN - 2555-0403
pISSN - 2267-1242
DOI - 10.1051/e3sconf/202128411003
Subject(s) - real estate , saint petersburg , russian federation , residential real estate , real estate development , business , regional science , connection (principal bundle) , key (lock) , economy , transport engineering , finance , geography , economics , engineering , computer science , computer security , structural engineering
This paper considers connection and interdependence between construction of new subway chains and stations and development trends in the real estate market. Via comprehensive implementation of market analysis methods, together with data grouping and assessment, the study systemizes the principles required for a successful development of the urban and transport infrastructure within particular districts in Saint-Petersburg and Moscow. Resulting from the conducted analysis, the authors highlighted key aspects in terms of subway construction taking into consideration its direct connection with the specifics of a given district. The interdependence between increasing prices at the real estate market and subway construction is justified.