Stricter regulations for shopping centers

The establishment and renovation of shopping centers will be governed by stricter rules according to a new regulation approved in the summer 2018. The so-called “Plázastop” (in English: Law on stopping malls) was introduced in 2012 for the purpose of preventing the spread of shopping malls.

New ministerial decree on the detailed rules of the land classification

At the beginning of October 2017, a new ministerial decree entered into force on the classification of arable lands. The aim of the land classification is to determine the agricultural sector and the quality of the land. The quality of the land shall be determined by classification on the basis of the quality grade of the land (in Hungarian “minőségi osztály”) and the cadastral net profitability (in Hungarian “kataszteri tiszta jövedelem”).