STAGES OF THE FORMATION OF THE LAND MARKET, THE MAIN DIRECTIONS OF ITS DEVELOPMENT AND SOCIO-ECONOMIC IMPORTANCE

In world practice, much experience has been accumulated in regulating the use of land resources as an important factor and tool for determining socio-economic development, a specific component of ownership, an object of taxation, rent and other financial relations. The subject of the study is the production, financial, organizational and economic relations that arise between the economic entities involved in the processes of utilization of land resources. Methods of the study -in the course of the study were widely used methods such as grouping, statistical and comparative analysis, logical observation and abstract thinking, constructive computation, monographic, social survey and expert evaluation. In market conditions, its continuous and continuous redistribution is observed in order to ensure and encourage more efficient use of the land. Such redistribution is mainly through the purchase – sale of land plots. Today, the land market is forming in Uzbekistan and the number of land – related transactions is increasing, and the growth of real estate prices in the major cities of Bunda also plays an important role. So far, the most profitable sphere of putting funds is the purchase of residential real estate and its subsequent sale, and now the transfer of funds to the purchase of a plot of land is considered to be more profitable in most respects. However, the lack of the right to private property on land and the lack of legal guarantees to the owners of real estate impede the rapid development of the land market.