02 апреля 200710:10
If land allotments are speculated upon, they must be withdrawn, says Sverdlovsk Region Governor
‘The Russian Federation law states that if dishonest builders fail to use their land allotments within three years, these allotments must be withdrawn; we intend to stick to the letter of the law,’ Governor of Sverdlovsk Region Eduard Rossel announced at a press conference. ‘The thing is, when no building is put up on the land, people who invested in the future apartments are obviously suffering, which has inevitable social implications. So, in case a land allotment is obviously misused, the builder will have to part with it,’ Mr. Rossel explained. The Governor said earlier that the