PROGRESS SO FAR - Ramo


PROGRESS SO FAR

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