To Russia did not have defrauded real estate investors, Regional Development proposes to ban the sale of unfinished homes. This can lead to cardiac housing developers and experts warn. Ministry of Regional Development is considering the abolition of the law on joint construction, according to the Financial Forum "Vedomosti" Director of the Department of Housing Minister Stanislav Pridvizhkin. The citizen has to buy an apartment, being in it and selecting the view, rather than looking at pictures, and standing on the empty lot, he explained. Elimination of shared construction to avoid future problems defrauded real estate investors, and that the citizens can no longer finance the construction, will not affect the volume of housing construction - developers need to borrow from banks, rather than borrow from the public, says Pridvizhkin. After the abolition of the law on joint construction of pre-contract will be valid, but the new sign would be impossible, he explains. Builders need to sell ready-made shelter and in 5-10 years we will come to that, I agree with my colleague the Deputy Minister of Regional Development Constantine Royal. The law, he said, will not cancel, but "to improve in this direction." Law "On the equity participation in the construction of apartment buildings and other real estate" is valid since 2005, he forbade developers to borrow money for an apartment to obtain permits, ordered them to prescribe the contract terms and penalties, as well as to register an agreement to avoid double sales. However, freedom of contract has not been canceled, and the measure of responsibility was nowhere to be provided, and developers have found a workaround (see incision). In June this year, amendments to the law under which deals with housing, accompanied by the involvement of citizens in the future and the emergence of property rights, shall only be made under the law on joint construction. Developers have been slow to obey the law, said State Duma Deputy Alexander Kogan. Despite the million fine for each illegal conclusion of the contract, they continue to raise money for the citizens of gray schemes, he says. According to him, Russia now has about 100 000 defrauded real estate investors, and the most troubled regions - Krasnodar, Samara, Omsk and Moscow region and St. Petersburg. The possibility of non-equity construction was discussed Wednesday at a meeting in the Ministry of Regional Development with the Minister Viktor Basargin, says Kogan. The representative of the Ministry of Regional Development was unable yesterday to clarify the position Basargin on this issue. His idea of the Regional Development Ministry to other ministries and the government has not yet ordinated recognizes Pridvizhkin. According to the Director of Economic Development and Trade Andrei Ivakina, repeal the law on joint construction, without offering anything in return, you can not. Legislation in this area should develop in the direction of co-operatives, they are better protected the rights of participants. White House staff member calls the initiative of the Ministry of Regional Development "ambiguous." "It would deprive the citizens to buy houses at a lower price," - he is afraid. Cancel lead to the disappearance of small developers - only the large companies are able to attract low-cost loans, said another government official. The office of First Vice Prime Minister Igor Shuvalov (in charge of housing) declined to comment. From the press secretary Dmitry Peskov premiere could not be reached. Strive for the abolition of share construction is necessary, but not to abolish it at once - all housing will rise, because interest holders provide 60-70% of the cost of developers, commented the president of the Institute of Economics of Hope Kosarev. Banks lend to real estate developers are reluctant, at least at 12%, and so suddenly, for no reason, they are they will not give preferential rate - transitional measures are necessary, according to Kosarev: "For example, a legal restriction on the advance stage of construction not more than 10% - is the experience of America and England. " "The government should offer a real alternative. Otherwise, the building will rise out of money real estate investors as well as to attract project finance banking today is extremely difficult "- warns CEO of concern" Krost, "Alex Dobashin. Under the law now does not work more than 20% of developers, but it should not cancel, and the rule, the Council chairman S. Holding Alexei Shepel. "The document does not regulate fundraising to obtain a building permit, a process which, for example, in Moscow is 3-4 years, and during that time attracted investors' funds for any schemes" - he explains.
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