Real estate market overview

May 25 the Moscow City Duma held a meeting of the Commission on Economic Policy and Entrepreneurship, which discussed the amendment to the bill "On Amending the Law of the City of Moscow on May 14, 2003 № 27" On Land Use and Development in Moscow "and" On the basis of paid land use in Moscow.

According to representing the interests of the initiative group of lawyers Ludmila Naumova, one of the main reasons for the treatment of FAS was illegal transfer of plot "Projectservice holding.

According to Naumov, the project is implemented "Projectservice holding" in violation of the law. In particular, according to the Initiative Group, the company Projectservice holding area was under construction without an auction. In addition, the project is deforestation, attached to the first specially protected category, said Naumov.

First Insurance Company (KTC) has insured risks during construction and installation works for the reconstruction of hotel "Leningrad".

Construction risks associated with the reconstruction of "Leningrad" insured for over $ 36 million, about $ 26 million of them is a limit of liability insurer for loss or damage to the object reconstruction in the implementation of construction works.

Federal Agency for Construction and Housing (Rosstroy) announced the beginning of the competitive selection of the RF subjects to participate in 2006 in the implementation of the subprogramme "Providing housing for young families," federal program "Housing".

The subject of competitive selection is to determine the participation of Russian Federation in the subprogramme "Providing housing for young families" to provide state support in addressing the problem of housing for young families who need to improve housing conditions.

Profile Committee of the State Duma recommended the lower house of parliament to adopt the second reading amendments to the Law on participation in the joint construction.

In accordance with the proposed changes, developers will be able to raise funds co-investors, not only on the basis of the contract of a joint construction, but also through housing construction, housing and savings cooperatives.

In order to develop small business Economic Development proposed to introduce a number of limitations for major retailers.

In particular, introducing the Government package of measures to stimulate small business, Gref Gref did not rule out the possibility of reducing the operating mode of large hypermarkets to 18-19 hours.

Currently in the capital are working on preparing the documentation for the privatization of about 400 land plots for multi-family houses.

As head of the Department of Land Resources of the capital (Moskomzem) Victor Damurchiev until the end of the first half of this year, the department will prepare documentation for the privatization of 367 plots of land for multifamily residential buildings.

According to the head of department property capital Vladimir Silkin, the Moscow government plans to complete the reconstruction of the network of urban cinemas in 2010.

According to Silkin, the end of 2006 Moskomarkhitektura develop a forward-looking layout of cinemas in the capital, which will be submitted to the Government of the city.

According to the department of urban planning policy, development and reconstruction of the city, now in Moscow is working on issues of placement of garages and parking on non-standard ways.

To date, the department professionals are being discussed placement of garages and parking in podestakadnom space on sidewalks, on ramps and in the underground space transport tunnels Garden Ring, above ceilings railroad, the ends of the houses, under the roadway, in basements and underground.

State Committee for Supervision of Construction, established metropolitan government will be answerable personally to the mayor of Moscow Yuri Luzhkov.

According to city administration, the committee of state supervision in the construction sector will be responsible for issuing building permits in the city, as well as the commissioning of real estate in the past repair or reconstruction.