Nur-Sultan conducts first electronic land sublease auction

NUR-SULTAN – The first land plot sublease electronic auction was conducted in Nur-Sultan from March 20 to April 4. Eighty-one entrepreneurs competed for 10 land plots that were subleased via the auction.

Photo credit: techstory.in.

“This electronic platform conducts a land sublease rights auction for the first time. Only the property that is to be transferred into the private sector was sold via this website before,” Vice-Chair of the Board of Astana Social Entrepreneurial Corporation Temirlan Nurgisayev told Khabar TV.

“Success of this (sublease rights) auction supports big demand for small and medium-sized businesses for land plots, as well as the trust participants have shown for this distribution type. We intended to make the land distribution process as transparent as possible as a part of ‘1000 spots – street trade’ programme. This technique will allow avoiding manipulating documents, registers. The list of land plots is agreed upon by all governmental organisations involved in this issue, and the only condition for the programme participants is agreeing with all the corresponding laws,” said Nurgisayev.

Nurgisayev also discussed the process of participating in the auction.

“[We have been] using electronic digital signatures, using blockchain technology. So, all the entrepreneurs knew this auction really is transparent. It’s impossible to fake, change and somehow influence the results. Everything is done automatically. From the moment of posting the ad, applying for the lot and then the auction itself. So, we can only see the result with the auction winner,” said Nurgisayev.

Entrepreneur Adil Bidakhmetov who participated in the auction agrees with Nurgisayev about the convenience of electronic auctions.

“Earlier we had to come here, leave a request, wait a few days when the auction is to end. Later, we were gathered in this big hall. We had to wait in line for our turn. People got tired. We had to spend days to participate in the auction. Then we waited for results. Now, it got way easier. Everything is done online, we analyse everything, quickly, the time has decreased a lot,” said Bidakhmetov.

Overall, 100 street trading land plots will be distributed via electronic auctions, with 15 land plots allocated to entrepreneurs from the groups of population considered socially vulnerable.