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Housing Development Since 1980s, Ningbo has experienced a boom of urban housing construction.Ningbo A total investment of 25.82 billion yuan was put into real estate development, an all-time high. During the year, newly started housing projects represent a total floorage of 6.1million Over the recent years, the city has followed the principles of "Proactive Planning, High-standard designing, High-grade development, high-quality construction and high-standard (property) management" to upgrade the overall quality of housing construction and provide pleasant and comfortable residences.
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square meters, on-going housing projects 8.4 million square meters, completed housing projects 4.82 square meters and booked housing 4.18 square meters. The per capita floor space of urban dwellers goes up to 38.59 square meters as compared with 5.6 square meters for 1986.