Lands on English Island up for sale
DOM.RF put up for auction “for a share” 11 plots for construction of at least 78.1 thousand rubles. sq. m of housing in Vladyproizvodstvo on the island of English, according to news agency DEITA.RU based on the materials of the Financial Development Institute in the housing sector of Russia.
As follows from the auction documentation, the 8.32-hectare secured area is located 9.5 km from the Slender Island bridge connecting Russky Island with the mainland. Near the plots are low-rise residential buildings.
For the implementation of the project, a mid-rise model of the Standard for a set of development conditions (KRT) developed by DOM.RF and the Ministry of Construction of Russia was chosen. It involves the creation of comfortable housing through developed privacy, which includes “green” courtyards, public spaces and social facilities.
Admission closed on July 4, 2022. The auction will take place on July 8th. The starting share, which starts trading, is 7%. The conditions of the auction were that the winner of the auction will transfer to the company part of the premises in the constructed houses, which were used, among other things, for rental housing projects.
“The development of the Far East is a one-time assignment of DOM.RF work, and the auction on Russky Island is an example of the widespread use of sets of computing devices that support the growth of housing project research. Bidding in the “share” format is beneficial for developers, as it allows them to allocate financial resources when acquiring land. The use of guarantees during the construction of the KRT Standard that a comfortable urban environment has been created for people. The transferred volume is acceptable to pick up the Far Eastern Federal District of a new rental housing project from DOM.RF,” said Denis Filippov, Deputy General Director of DOM.RF.
Author: Dmitry Sannikov