Press centre News Недвижимость. Земля. Строительство

27
November
2015

Prosecutor’s office intercedes for Ministry of Construction

The regional prosecutor’s office has gotten involved in the dispute between the residents of a building on Solnechnaya Street in Samara and the company Samara Monolith LLC, as well as the simultaneously developing dispute between the Samara City Administration and the Regional Ministry of Construction. In April, the Regional Ministry of Construction sent a demand that the City Administration cancel the construction permits for this residential building. The City Administration is trying to appeal the decision of the Ministry of Construction in arbitration court, but so far without success. The Samara Prosecutor’s Office has now asked the District Court to force the city authorities fulfil the demands of the Ministry of Construction and stop the construction work.
Сollective of authors, VEGAS LEX
Kommersant (Samara)
30
September
2015

House without land: why in Russia they divided ownership rights to real estate

Current Russian legislation provides for a separate legal regime for land and objects located on it. In such case, the land and buildings on it are treated as separate items, not one. The web portal Pravo.Ru looks at the history of this “separation”, why it is unique to Russia, and whether it is necessary to move away from this model to one used in developed jurisdictions, where everything that is built on the land – is its integral part, and not an independent item.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Pravo.ru
8
October
2015

“Rostov port” clinging to the land

The Rostov waterfront development project is on hold because the owners of the land – the shareholders of the Rostov Port Group of Companies – do not wish to transfer, without compensation, to the city the plot of land located at 30 Beregovaya Street, on which the port is located, and where they want to create a public recreation area by 2018. The company’s representatives are asking to exchange the 11.6 hectares of land in the central district for 15 hectares in the Zarechnaya Industrial Zone. The municipality insists on the acquisition of the land via auction, while the Regional Ministry of Property claims that it is possible to either exchange sites or purchase the land without holding an auction.
Maxim Grigoryev, Partner, Head of Southern directorate, Head of special projects
Kommersant (Rostov)
28
September
2015

Real estate in new buildings: how not to transform one’s purchase into a game of “Russian Roulette”

The primary housing market in recent years has generally taken on a civilized appearance, and the process of buying an apartment in a new building, with every passing year, is becoming less and less a gamble. However, despite the fact that the regulatory authorities and the market have established fairly strict and transparent rules of the game, the ranks of defrauded investors continue being filled. Most of the dangers for buyers lie in the wording of contracts with developers.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
GARANT.RU
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