Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
In 2025, thanks to federal mechanisms for protecting the rights of defrauded equity holders, 12 apartment buildings previously considered problematic were commissioned. Decisions on these buildings had previously been made by the Supervisory Board of the Territorial Development Fund.
"The issue of citizens participating in shared construction projects who suffered at the hands of unscrupulous developers, which was extremely painful until recently, has largely diminished thanks to the extensive work of the government. Currently, the decisions previously made by the Supervisory Board of the Territorial Development Fund are being implemented. In 2025, the FDT will complete 12 apartment buildings with a total area of approximately 232,000 square meters in eight regions: Perm and Khabarovsk Krais, Ulyanovsk, Rostov, Novosibirsk, and Omsk Oblasts, Khanty-Mansi Autonomous Okrug – Yugra, and Sevastopol. These apartments are intended for more than 2,300 citizens. Since 2019, thanks to federal and regional mechanisms, the rights of 261,100 affected shareholders have been restored," said Marat Khusnullin, Deputy Prime Minister and Chairman of the FDT Supervisory Board.
At the federal level, the Territorial Development Fund provides assistance to affected equity holders by directly completing problematic projects or paying compensation based on supervisory board decisions. Regional mechanisms, which regions independently choose, include attracting new investors, providing compensatory housing, or paying compensation.
"Using federal mechanisms and the work of the Territorial Development Fund, the rights of 123,900 equity holders have been restored since 2019. Of these, 62,500 received their square meters, and 61,400 received compensation payments. Regional measures have allowed the rights of over 137,200 equity construction participants to be restored," noted Vasily Kupyzin, CEO of the Territorial Development Fund.
For example, in 2025, the Federal Resources Fund (FRF) completed construction on a 28-story building with a total floor area of over 20,800 square meters on Dusi Kovalchuk Street in Novosibirsk. Apartments in this building are intended for 307 affected equity holders.
In Omsk, in the Kirovsky Administrative District, construction has been completed on two buildings on Pereleta Street. The 16,600 square meter building houses 333 defrauded equity holders. The second building, with a total area of 9,800 square meters, will house 139 people. A building at 15 Tarskaya Street and 15 Yakovlev Street has also been completed in Omsk. This building, with an area of approximately 47,000 square meters, will provide housing for 220 equity holders.
A 17-story building with a total floor area of 28,500 square meters has been commissioned in Surgut, Khanty-Mansi Autonomous Okrug – Yugra, located at Building 2, Microdistrict 44. The new building is designed for 323 equity holders.
The Federal Revenue Service also completed construction of a building in Khabarovsk at 1 Saltykova-Shchedrina Street. The approximately 45,000 square-meter apartment building is intended for 400 affected equity holders.
In Novocherkassk, Rostov Oblast, a building measuring over 9,000 square meters has been commissioned for 36 equity holders at 18 Dubovskogo Street.
Additionally, two projects were completed in Perm Krai: a 26-story building at 110A Karpinsky Street and a 20-story building at 108 Karpinsky Street. These buildings are designed for 322 equity holders.
In the Ulyanovsk region, a 12-story residential building at 67 Krasnoarmeyskaya Street has been commissioned, where housing rights have been restored for 160 equity construction participants.
In Sevastopol, construction has been completed and two 11-story buildings for 92 equity holders have been commissioned at 29A Pobedy Avenue, Buildings 1 and 2.
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.