Press centre News Игорь Чумаченко

22
May
2018

Breaking the deadlock: is it possible to get the apartment purchased not from developer

The failed developer paid to its counterparties in square meters in the multi-storied building to be constructed in the future, and one of the counterparties sold them to individuals, even without receiving the housing under a transfer and acceptance certificate. One of the buyers has not got her apartment and decided to be included on the register of claims for the transfer of apartments. The court of appeal and the court of cassation have dismissed her claims since the scheme was illegal. The Chamber for Commercial Disputes has explained why they were wrong and provided a legal assessment of disputable transactions.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Pravo.ru
12
March
2018

Expert: there are possibilities to cut a property tax

The statement that a property tax must be fair and feasible for citizens was made by Vladimir Putin in his message to the Federal Assembly. What are the possibilities to cut it today?
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Business FM
3
May
2017

Lawyers consider a general property owners’ meeting the preferred form to show a declaration of intent

Lawyers recommend that housing residents hold general property owners’ meetings, regardless of whether their home is currently on the list of any renovation program or there is only the possibility of it being included in one. In addition, it is advisable that property owners check whether their cadastral documentation has been issued for the plot of land under the building that is a common shared property; if not, it should be registered as soon as possible.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Kommersant
28
March
2017

"Not exactly average people": the fate of luxury housing on Moscow State University land

The Federal State Registration Service has taken legal action to have the construction of the Shuvalovsky and Dominion developments, on Moscow State University land, declared illegal. The projects were carried out by Inteco when it was owned by Yelena Baturina, wife of former Mayor of Moscow Yury Luzhkov, reports Kommersant. At issue are 122 ha of land on Lomonovsky Prospekt in south-west Moscow, near the Moscow State University library. The area belongs to the state, and the university has been granted use of it in perpetuity.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Business FM
10
February
2017

The Supreme Court resolved a property dispute at Koltsovo International Airport in Yekaterinburg

The operator of Yekaterinburg Airport became involved in a dispute with the Federal State Unitary Enterprise about the rent for its property portfolio at the airport. The dispute went to the Judicial Chamber on Economic Disputes at the Supreme Court, which had to answer the question whether the lease agreement from 1998 for the airport was valid or not. About the 1990’s, collapse, crisis, and other details of the Supreme Court meeting - on the website Pravo.ru.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Pravo.ru
27
January
2017

Under the new rules: the main amendments that will take effect in 2017

Starting January 1st, we will have to perform work for corporations differently, to fully immerse ourselves in e-justice systems, and get first-hand knowledge of the simplified system for the registration of property rights.Our colleagues will talk about how to work under the new rules this year without missing a beat.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Company's lawyer
31
May
2016

RBC Forum on “Real Estate in Russia”: RESULTS

How to make money in the new economic reality? Key drivers and new trends in the real estate property market

Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
RBC
10
May
2016

Monopoly on assessments

A draft bill was introduced in the State Duma that would create a state monopoly on cadastral valuation. In case of adoption of this initiative, the right to carry out cadastral appraisals would be given only to state-owned institutions. The prospects and market impact of this bill are discussed by our experts.

Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Arendator.ru
30
March
2018

Investors will be attracted by land areas

The draft law providing for favorable conditions of land lease for investors that are ready to fulfil obligations for “long-delayed construction projects” is being considered in the Krasnodar Region. The Administration ensures that the value of compensatory land plots will cover at least half of costs for commissioning the troubled buildings. The market participants treat the taken actions as urgent but lawyers see in the draft law a number of provisions that contradict the provisions of federal legislation.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Kommersant
9
February
2018

"Serdyukov’s dacha" is still in civilian life

Arbitration Court will consider an appeal of the Military Prosecutor’s Office in relation to a dispute over the legality of privatization of the land plot located outside Anapa, on which the so-called "Serdyukov’s dacha" is situated. The decision to return the land plot to the state, which was rendered earlier, has been overridden by the Supreme Court; at the new hearings, the court took the side of the land plot buyer, i.e. CityEngineering LLC. The territory in dispute was transferred to the military department in 2010 at the request of Anatoly Serdyukov, Ministry of Defence of the Russian Federation; afterwards, the plot was sold as a non-core asset for 110 million roubles. According to lawyers, the state has legal opportunities to settle the dispute in its favor.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Kommersant
18
April
2017

If the builder is not in a hurry to give out keys to the apartment

Recovering late payments: how to get compensation from the builder without risking that the courts will reduce the payment amount.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Business FM
17
March
2017

A buyer's market: good or bad for developers in Russia and worldwide?

A buyer's market encourages competition, which is good for development.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Kommersant
6
February
2017

Fundamental problems

Real estate developers believe that certain prerequisites have been created for the housing market to recover as soon as 2017. The forecast by the Ministry of Construction is full of optimism - it expects that, over the medium term, construction output for residential real estate will grow by 5-8% per year. Independent experts are more restrained in their estimates. They remind us that the market is encumbered with a multitude of problems that require immediate solutions.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Lenta.ru
28
July
2016

Question of hubs

City Hall has been looking for ways to eliminate the famous Moscow traffic jams on the city’s roads. One possible solution was announced back in 2011, a plan to build transport interchange hubs (TIH) in the capital city. However, its implementation would require huge investments, which the city government simply does not have, and which private investors will not touch, seeing great risks, according to some players, in these poorly designed projects. Even the prospects of building huge amounts of new real estate within such TIH are not able to attract major developers.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Arendator.ru
25
May
2016

Real Estate 2016

Real estate investing is currently riding a wave of confidence – taking full advantage of a newfound spark in a market that had been posted missing in the years since the global financial crisis. A favoured asset class, real estate activity is continuing at a feverish pace with a number of high-profile deals populating the space. Indeed, the most impressive aspect of the real estate success story over the past 12 months has been the sheer volume of transactions that have taken place; a multitude of deals that have been solid in their conception, as well as smooth in their execution.
Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
Financier Worldwide
21
April
2016

“Forest amnesty”: who benefits from the new amendments to the Land Code

Ministry of Economic Development is proposing a “forest amnesty” – to legitimize the disputed borders and categories of land from the forest fund.

Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
RBC
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