February 6, 2013. Sinara Development won in the tender for two land allotments meant for housing construction; the auction was held in Yekaterinburg Town Hall on January 31. As a result, the company is now entitled to the right to rent two land allotments with the total area of 3.1 hectares in Shirokaya Rechka. These land allotments will be used to put up a number of apartment buildings. The cost of the two lots located in Yekaterininskaya St and Khrustalnogorskaya St came to 221m RUR, Sinara Group’s PR Center reports.

The rough design will be ready in early spring 2013, and three months later, the final project for the construction will be ready. Sinara Development is planning to start the building jobs as soon as this year.

‘These land allotments will be used to put up good quality, comfortable, affordable economy class dwellings with the infrastructure that meets all the modern urban development requirements. The project will cover for good children playgrounds and sports grounds as well as parking lots, including a number of underground ones,’ says the developer company’s Director-General Timur Ufimtsev.