According to the Decree, the main objectives of the introduction and widespread use of modern methods and mechanisms for determining the value close to the market price of real estate, as well as creating favorable conditions for increasing the economic assets of the population and entrepreneurs are defined:

the establishment of the value of over 8 million residential and non-residential premises in the republic, as well as about 7 million land plots, as an economic asset;

ensuring a mutually balanced value of an object of immovable property, determined for the purposes of taxation, purchase and sale, pledge, withdrawal for public needs and other cases;

creation of a reliable, complete and periodically updated database of the real estate market;

the most widespread implementation of the principle of fairness in taxation.

Starting in 2025, all real estate objects will be subject to mass valuation on a periodic basis in order to determine their value close to the market price.

The mass assessment will be carried out in the following stages:

· 2025-2026 - in Tashkent as an experiment;

· 2026-2027 - in the city of Nukus and regional centers;

· 2027 and subsequent years - in the remaining territories.