Land auctions will be conducted in a new way





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25.10.2010 11:54
Property News | Land auctions will be conducted in a new way Minregionstroy initiates new conditions on the structure and procedures for land auctions. Thus, the Deputy Minister of Regional Development and Construction Igor Sokolov explains that "trading under each section will have clear data options for the future construction project," wrote UBR.

Lots of sites will necessarily include construction specifications, altitude possible objects, the financial indicators.

They will also be divided into social and commercial categories. Under each category for investors will be defined specific conditions of the definition of procedures. Igor Sokolov stressed that "the investor must first understand what he buys."
Maximilian Urazov
Content tags: land Real Estate Auction
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