Promising areas for development

16 March 2017

mipim-fuari.jpg (500×500)Moscow is ready to offer prospective investors around 200–300 land plots for development, Moskomstroyinvest Chairman Konstantin Timofeyev said at the MIPIM 2017 international expo in Cannes.

The city has several forward-looking territory development programmes. Available plots are listed on the Competition Policy Department’s website and are sold by auction. Housing is the most popular type of development, thanks to its higher profit margins compared to other properties.