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Publications / 4.3.2019

Pros and cons: the Ministry of Construction’s criteria for further construction under a shared-equity construction scheme / ASN-Info

The draft resolution of the Russian Government, which was prepared by the Ministry of Construction, has been published. It sets out the following criteria allowing construction to be completed under a shared-equity scheme: (i) at least 30% of construction being completed, and (ii) at least 10% of shared-equity construction agreements being concluded for apartments in the facility.

Maya Petrova, Partner and Head of the Real Estate and Construction Practice at Borenius Russia, shared her opinion with the editorial team of ASN-Info on the ways in which the draft resolution can be interpreted and the issues developers are facing.

Read the full article (in Russian)

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