Housing Development Fund Tries to Let Allotment in Sysert Once Again

October 19 The Federal Housing Construction Facilitation Fund is coordinating an auction aimed at letting a land allotment in Sysert District, Sverdlovsk Region, with the total area of 43.3 hectares. The land allotment is meant for multi-faceted area development. The opening bid has been set at 5.54m RUR, every other bid has to be at least 200,000 RUR greater, the fund’s website states.

The rental contract will be signed for seven years. The allotment allows for the construction of 41,000 sq m worth of housing, and 75% of the allotment is to be used for putting up low-rise economy class dwellings.

The auction will take place at 1:00 PM on November 14, 2012 at 4 Slavyanskaya Square (Bldg 1, central entrance, off 321) in Moscow. The applications for the auction must be submitted by 6:00 PM on November 12, 2012.

In fact, the fund has already put this land allotment near the Village of Kolos up to auction a number of times, but all the auctions were declared void.

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