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Currencies exchange rates (as of 11.06.2010): 
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15.01.2010  
Inflation
                      0.7% . 0%
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Oil Brent (ICE)         71.62
                          USD/ barrel
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 /  English

New residential community Zaovrazhye

Short overview
Region
City/town
Obninsk
Project description
A large-scale investment project that will see an urban development complex implemented at the north end of Obninsk. The project envisions construction of apartment buildings, elite houses, townhouses, as well as kindergartens, schools, sports grounds, a stadium, stores, shopping & entertainment centers, clubs, restaurants and cafes. The local terrain features have been used in project designs: the highway skirting the gully has been designed as promenade and the gully slope as a decorative marina. The height of buildings decreases from the center to the periphery.
Floor space of housing projects: 1,388,000 m2.
Population: 34,700.
Unique features of the project
The project has passed a competitive selection process announced by the Federal Agency for Construction and Housing and has been included in the list of experimental investment projects for comprehensive development as part of the "Housing" state program for the years 2002-2010.
Estimated cost of the investment project (Euros)
685 000 000
Shareholders' own resources (%)
10
Borrowed resources (%)
90
Availability of design estimates (yes or no)
yes
Company name
Russky Dom Ltd.
E-mail
reklama@gk-rusdom.ru
Web-site
Type of the project
Real Estate. Construction
Detail overview
GENERAL INFORMATION
Region
Company name
Russky Dom Ltd.
Municipality, City, District
Obninsk
Brief positioning of project
In the scope of realization of the National Project Affordable and Comfortable Housing to Citizens of Russia in the territory of Kaluga Region, Russky Dom presents its large-scale prospective project for th region, Zaovrazhye. According to the protocol of commission of the Federal Agency for Construction, Housing and Utilities (Rosstroy) dd. June 22, 2007, Zaovrazhye project was chosen among 39 projects submitted by various regions of Russia and included into the list of experimental investment projects in the scope of realization of Housing state program for the years 2002 to 2010. The project developed by GC RUSSKY DOM proposes to use the northern part of Obninsk for housing development: a modern town planning complex with housing development ranging from small apartments up to elite cottages and townhouses. The project provides for gardens and schools, playgrounds in house yards and a stadium, a shopping center and stores, neighborhood service points, an entertainment center, clubs, restaurants and cafés. The center is accented by high-rise buildings. The height of buildings in the community decreases from the center to periphery. A plaza is designed in the center. The high-rise section of the community is divided into blocks. The main street, being continuation of the existing Lenin Ave., is planned as a parkway, the central part of which is a pedestrian zone. The terrain relief was taken into account in the design: the main road adjacent to a ravine, is decorated as an embankment, and the ravine slope as a decorative esplanade. Cottage and low-rise buildings consists of two sections. The section situated in the western part of the district is represented exclusively by individual family houses, while the number of their floors increases as far as they are more remote from the main street. The northern part of the community accommodates a line of linked cottages (townhouses) and individual cottages. For parking of motor transport of community inhabitants, except for transport of cottage owners, ground floors of respective buildings and adjoining territories should be used. Guest parking places are also provided.
PLOT
Site TYPE
Unoccupied land
Enterprise (organization) name owner name
OOO Russky Dom
Legal address
46 Marx Ave., Obninsk, Kaluga Region, 249030
Telephone
+7 (48439) 444-22
e-mail
reklama@gk-rusdom.ru
Contact Person (Full name)
Mudrichenko, Tatyana Viktorovna
Office
PR specialist
Telephone
(48439) 444 22, . 45
contact persons e-mail
Reklama@gk-rusdom.ru
Area
134 ha
Property category of land and buildings
freehold
Extension options
yes
LOCATION
Adjacent residential buildings
About 1 to 1.5 km
Restrictions
no
Remoteness
Center of the constituent subject
95 km from Moscow, 80 km from Kaluga
Nearest Millionaire City
Moscow
millionaire city distance km
85-90
Municipality education building
Obninsk
municipality distance, km
within the city limits
Highways
Moscow Kiev
highways distance, km
4
Railways
Moscow Bryansk Kiev
railways distance, km
5
Airports
Vnukovo; Ermolino Freight Airport
airports distance km
70; 16
FACILITIES
Number of structures
no
OWN TRANSPORT FACILITIES
Communication type (motorway)
yes
Communication type (railway branch)
no
Communication type (port, landing stage)
no
Communication type (post/telecommunications
yes
BUILDING
Residential development
1 388 000
PROJECT INVESTMENT COSTS
Concept development design
yes
Comment
in progress
CONTRACTORS
General designer
ArchProject
General contractor
OOO Russky Dom
ECONOMIC INDICATORS
Shareholders' own resources (%)
10
Borrowed resources (%)
90
Payback time, years
7

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