27 plots of land for the construction of private homes were put up for auction.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

An important disclaimer is at the bottom of this article.

They put it up for open auction 27 land plots, intended for individual housing construction (IHC). They are available for purchase to all interested individuals. This was announced by the head of the Moscow Department of Competition Policy. Kirill Purtov.

"The capital is selling land for individual housing construction through open auctions: 27 plots in various districts of the city are currently up for auction. Twenty-one plots are available in the New Moscow, five in the Eastern Administrative District, and one in the Western Administrative District. Their sizes range from five to 26 hundred square meters. Homes ranging from 207,200 to 1,300 square meters can be built there. The auctions are held online, and only individuals are allowed to participate. The average competition is eight bidders per lot," noted Kirill Purtov.

On plots designated for individual housing construction, owners can build not only private homes but also outbuildings, garages, and other auxiliary structures. Furthermore, they can also operate a private farm or engage in gardening.

Applications for participation in the auction will be accepted from April 3 to May 15, depending on the lot. Auctions will be held from April 9 to May 21 on the Roseltorg electronic platform. Registration and an enhanced, qualified electronic signature are required to participate.

"Purchasing land for individual housing construction in Moscow allows you to take advantage of the city's developed infrastructure while still living in a private home. This opportunity attracts many citizens, as evidenced by the high demand for city-issued land. Currently, there isn't a single plot on Moscow's investment portal that has fewer than two potential buyers. As past experience shows, over 95 percent of the total number of land plots available to citizens for individual housing construction have been sold through city auctions. Over the past five years, 452 plots have been purchased at auctions, while 20 plots have been purchased without bidding. If only one bid is submitted for a plot, the land can be purchased from the city at its cadastral value. This becomes the starting value during the auction," she explained.

Ekaterina Solovieva, Minister of the Moscow Government, head of the capital's Department of City Property.

The capital is putting various properties up for auction, and the Moscow investment portal is serving as a showcase for them. In the section Moscow Auctions There is all the necessary information about the lots, including photographs, documentation, conditions and form of sale.

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