The Cadastre Agency of Uzbekistan has provided clarifications regarding the mass valuation of property, its potential impact on taxation, owners' rights, and the real estate market, and indicated where owners can review the valuation results and submit their comments.
According to the Cadastre Agency, this mass valuation covers over 9 million residential and non-residential properties, as well as about 8 million land plots across the country. One of the key objectives of the system is to determine the value of real estate as an economic asset.
The system is also designed to ensure comparability of real estate prices during sales, collateral provision, acquisition for state needs, and in other cases. It is expected that this will create a reliable, comprehensive, and regularly updated database on the real estate market, contributing to increased fairness in taxation.
However, the results of the mass valuation themselves cannot be directly equated to a tax rate or amount. According to current legislation, the tax base for calculating tax on residential property owned by private individuals is the cadastral value. Therefore, at the moment, the results of the mass valuation do not have legal force.
After the completion of public discussions on the valuation results in Tashkent and the adoption of the 'Law on Mass Property Valuation,' relevant ministries and agencies will consider taxation issues. The Cadastre Agency emphasized that any possible changes in tax policy will take into account the interests of the population and businesses, social protection measures, and the economic situation, noting that there are currently no grounds for concern about a sharp increase in taxes.
Property owners can view the estimated market value of their objects through the portals davreestr.uz and my.gov.uz. Through these same portals, they can also express their opinion on the valuation results. Providing feedback is not mandatory and does not entail legal consequences; if the owner does not express an opinion, the valuation results will not be revised, but owners' comments can help improve the quality of the valuation work.
The methodology of mass valuation does not take into account the actual condition of repairs of an individual object, as all objects are considered to be in 'average repair condition.' Determining a market-close value will not require additional payments from owners, as the mass valuation work is performed free of charge by the state within the established procedure.
The implementation of the system will proceed in stages across the country. In the period 2025–2026, work is being carried out in Tashkent. In 2026–2027, the valuation will extend to Nukus and regional administrative centers, and from 2027, it will be expanded to the rest of the country.
Mass valuation is a digital method for simultaneously determining the value of a large number of objects. Specialists first collect and analyze information on the real estate market, then determine a typical object among the largest groups of similar objects, divide territories into zones based on price levels, and take into account factors affecting the value of the property.
According to the Cadastre Agency, the system should increase confidence in the real estate market, provide a reliable source of information for investment decisions for both the public and private sectors, make transactions more transparent, and create a high-quality database on the market.
Owners are not required to state the market value determined by mass valuation in sales contracts. The determination of such a value itself does not restrict the rights or interests of citizens. If an owner disagrees with the valuation results, they can view the estimated value of the object through davreestr.uz or my.gov.uz and submit their opinion. Each application will be reviewed in detail by the National Center for Mass Property Valuation.