«M-Industry» was left without a cottage settlement





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16.03.2011 11:23
Articles about real estate | «M-Industry» was left without a cottage settlement Holding an M-Industry sold land in Toksovo, where he planned to build a housing estate, " Lakeland ". Experts estimate that the deal amounted to about 100 million rubles.

As the "Business Petersburg", a group of companies "M-Industry" has sold an area of ??5 hectares in Toksovo, where going to build a luxury housing estate, "Lakeland" in 14 households with infrastructure and a landscape park. Investment in the project were estimated at $ 20 million

As the representative of the "M-Industry" Alexei Topolnitsky, the site was sold back to the company, "Building Trust". "Non-core business for us was interested in friendly company," - said Alexey Topolnitsky. According to him, the project development site is ready, obtained all permits. The press service of "Building Trust" information about the transaction confirmed.

"Currently, there is a development project concept. There will be 14 cottages premium. The construction and sales is planned for this year" - was added in the press-service.

Amount of the transaction the parties do not disclose. Experts estimate that ARIN, it ranged from 100 million rubles. Head of sales of JSC "Rosstroyinvest Elena Gromova believes that the investment could be around 150-170 million rubles, provided that the project will not be radically revised.

"M-Industry" Building trust and cooperate actively in recent years. Building Trust completes complex "Poem in Three Lakes."

Company contracted by the contract, the complex prepared at 95%. Just a area Toksovo sold homes in five cottage villages at different stages of construction. All of them are intended for permanent residence. The minimum cost of townhouses - 43 rubles per 1 sq.m.
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