THE’Milan urban investigation blocks projects and billions of euros. The risk is precisely to stop the “real estate machine” of the city, which for 10 years, from Expo 2015, has not stopped. About 35 billion in the capital were invested to transform it into a city of skyscrapers.
It is not just a matter of non -residential buildings, there are also private homes bought on paper at risk and that they may never see the realization. The blockade situation, according to the president of Committee of suspended families Filippo Borsellino, concerns about 4,500 nuclei.
How much money is stalled in Milan
The urban investigation does not end in court. The effect makes itself felt above all on the hundreds of projects, private and non -private, which have been involved. At the moment the esteem of the Shipyards blocked It is about 150: there are thousands of square meters engaged on paper, but not achievable.
According to a study of real estate scenarios, there are 12 billion euros potentially at risk; To these are added 26 billion euros of Milanese economic repercussions (from furniture to services) that will be missing. Not to mention, the analysis continues, the implications for employment and the collections for the Municipality (of contributions we speak of about 60-80 billion euros the year).
Private houses, bought on paper and blocked
The blockade of construction sites, however, is not a new situation and does not only concern public projects. The Milanese chaos begins before and this is only the umpteenth episode. Associations say it, as a real estate union, which for some time has been asking for regulatory clarity and rapid reforms.
The problem is that the most fragile victims are the families who have Purchased some houses on paper And that today they would only like the delivery of the properties, not compensation. This is because the cost of a new property could end up being much higher than the compensation of a project started years ago.
The suspended families have come to organize felt events, up to the hunger strike. They don’t know what to do, they see the uncultivated lawn every day where instead the construction site of their future home was to rise. In the meantime they continue to pay the mortgage. There are no answers from politics.
Delays in deliveries: what happens
Those who buy a house on paper is aware of the risk of delays In delivery, but you certainly cannot imagine the blockade of the construction site due to an investigation. What is happening now in Milan is that the companies involved are called to pay penalties for delays.
Even companies are therefore experiencing a dramatic moment, because between the risks of penalties, compensation and termination of contracts may not be able to survive the investigation. Another scenario could therefore open: the failure of many construction companies.
Risk demolition for concluded construction sites
Then there is another hypothesis: the spectrum of demolitions. Talk about it The sun 24 hourswhich explains how there could be further problems for those who are already in possession of their property and have signed a deed.
In this case there is the risk that the investigation cancels the titles that legitimized the project. A passage that would make it abusive. The lawyer and consultant to Assoedilizia, Raffaello Stendardiexplains that it is “an extreme case, because these are properties that have been authorized by the Municipality and in the meantime they have also been made”. To avoid demolitions or compensation, the Municipality should simply open a amnesty.
