Now the sellers argue that the housing market recovered after the crisis: buyers stepped up, the banks resumed lending to developers, even while rates above pre-crisis. Accordingly, life returned to the projects, whose construction was suspended "until better times." But find out what luxury real estate projects and business-class systems thawed, it was quite difficult. In the midst of crisis, building works were suspended for almost all objects, but not all of the company that has suspended the construction site, said this official. A thaw that was not officially put on hold, is impossible. This position is held not only interviewed, "Vedomosti" developers, but most of the realtors selling new construction. In Penny Lane Realty believe that now thawed approximately 65-70% of residential units, construction of which was during the crisis was halted in part or in full. "In a segment of the business class thawed approximately 55-60%, at an elite market, these figures reach 85-90%," - assesses Alexander Zima, director of sales of real estate Penny Lane Realty. Until a better time according to city planning department, during the crisis in Moscow, construction was halted for 38 addresses, but we are talking about all objects, regardless of segment. According to the director of the department of real estate Est-a-Tet Batynkov Catherine, stopped construction projects in the segment of expensive housing is much smaller than both in business and economy, and basically it was a project at the initial stage (elaboration of the concept, architectural design). "Approximately 20-25% of all luxury housing projects", - says Batynkov. Agree with it, and Anna Levitov, managing partner at Evans, who believes that a segment of "elite" and "business" had been frozen for about 24% of the total number of construction projects. However, some experts believe that the construction sector in the de luxe not frozen at all. "These are small projects, and they were in demand even in a crisis. The builder had no special difficulty with cash flow, minimum funds raised do not affect the situation with the construction and sales ", - says Natalia Kats, managing director of the agency's exclusive real estate" estate. " According to her, the business class has suffered a much greater extent, because working in this sector developers have built on borrowed funds, and many apartments have been sold in the mortgage. The reasons for stopping the construction of banal: a financial hardship caused to the developers. "Banks need be" perfect "projects. As a result, any company, to cope with the difficulties, continued construction, a project to stop until there were no investors, and therefore additional funds for its implementation. In the worst case, the developer was forced to sell an object "- describe the situation in the company," Inkom-real estate. " The redistribution of the market was in the past and the first half of this year, but buyers and revitalization projects in the coming of new investors has changed the situation in the segment of luxury housing and business class. For example, "Don Story" became more active in the market of new buildings after the founders of the company entered the bank VTB. "The resumption of construction or implementation due to the improving economic situation in general: most of the major developers have been able to cope with crises and to take into account the negative experience. In many projects, there have been structural changes in the ownership of shares of the project, a part of them were banks lending construction "- sums up the Zima. Do not stop all sales and a slowdown of construction occurred in a time of crisis. This summer offer in the segment of real estate has decreased due to changes in the law (to the Federal Law № 214). According IntermarkSavills, in June this year, the initial offer of apartments decreased by 35% and the YTD total to reduce the supply of luxury housing was about 45%. "Some developers have to produce schemes of realization of its facilities into compliance with the law," - explained in IntermarkSavills. The company did not specify what specific complexes developers have stopped selling. According to Evans, to date, the proportion is still frozen for some reason or other projects in the primary market of luxury housing in Moscow is about 10%, in the business segment - about 17%. Among the projects, whose construction is still not underway, the company noted objects Mirax. "The company is in a difficult financial position. Mirax Group has recently appealed to Russia's largest financial institutions - Sberbank, PSB, VTB, Nomos-Bank, Gazprombank and Alfa-Bank - with a request to open a lending corporation to complete the ongoing projects. How does authorize the establishment of the situation is not clear yet, "- says Konstantin Kovalyov, managing partner at Blackwood. According to the Est-a-Tet, frozen these elite projects at home on the street. Klimashkina, 7 / 11, and in the Great Tishinsky Lane, 30/44. Do not build a residential district on Plyushchikha (Pogodinskaya, ow. 4), club house Smolensky (1st Smolensky Pereulok, ow. 19-21), "Red October" to "Golden Island", "Gardeks" Savvinskaya on the waterfront, residential building M. Pirogov, 8. Perhaps potential buyers and investors makes sense to look at some of these projects. "Most of the elite residential complexes will be built anyway - says Ewa Levchenko, head of the secondary real estate" Best-estate. " - The builder and so has been spent a lot of financial resources, and he will find out anyway. "" Just do not hurry, "" We do not thawed our projects, so as not initially freeze construction ", - explained the director of service for public relations Dinara Capital Group Lizunova. According to her, in early 2009 the company took time out for two months to confirm the arrangements with contractors and subcontractors, as well as "redirect cash flows from commercial real estate and retail to finance construction of those facilities that are most liquid" . It does not deny that in some cases, outsiders may seem that the construction has slowed, but it was a "decrease in activity, but not stop," and in each case there were reasons for this. "For example, to the point where complex" Legend Color "was built by 50%, there was a proposal from investors, one of the restaurant chains, under which it was necessary to revise planning decisions, and while the design documentation is not completed, work on the construction site were not so active," - said Lizunova. Dmitry Ivliev, spokesman for PIK Group, said that to build complex "English quarter" began three years ago, but the rates were "slightly chilled" crisis. "Construction is already underway in the central part of the complex is almost built residential tower" Britannica "- says Ivliev. According to Levchenko, most of the developers moved the line of delivery of its objects, upon receipt of financial injections resuming work. According to the expert indirectly confirmed by the monitoring carried out one of the real estate companies throughout the 2010 monitoring the actions of competitors, it stated that all construction sites elite work has been done, although in some cases modest pace.
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