PROGRESS SO FAR

Comments Off on PROGRESS SO FAR
...
382 ha of land purchased, with 352 ha transferred to the “housing construction purpose” category and remaining 30 ha designated for a recreation zone
...
Common territory plan prepared and approved
...
Demarcation of the land plot finished as per project
...
~ 50% of the area is sold to residents, with low rise construction taking place
...
Full utility infrastructure built on the land plots before sale – electricity, gas, water supply, roads
...
Social infrastructure objects are being constructed in the recreation zone – a ski-lift is built and commissioned and the first stage of an office- and shopping centre is started
...
Free asset value has increased to $10 million
...
Land plots cost has increased by an order during this period
...
Total investments in the land for the last 8 years including the infrastructure construction, sold land plots and built houses amounts to $ 36 million