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First Land Plots Are Sold Through Special Small Business Auctions

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The list of land plots to be rented by small business was approved in July 2019. First auction took place in January 2020 and enjoyed a great interest from businessmen: 6 bidders per lot on average. The total deal amount was RUR 45 m.

The rent rate starts from RUR 114,000 a year. One of the lot prices went up by 26 times through the auction.

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