St. Petersburg Realty and Setl City Win the KAISSA-2013 Competition
St. Petersburg Realty has won the first place in the nomination The Best Company in the Market of Housing under Construction, while Setl City has become the winner in the nomination The Company That Has Implemented the Best Development Project with its high-class Riverside residential area.
2013 december 13
Setl City Commissions the 3rd Stage of the Vienna Residential Estate in Kudrovo
Setl City (a company of Setl Group) has been given the permission to commission houses Nos. 6, 7, 8, and 9 in the Vienna residential estate being built at the south-eastern border of St. Petersburg, near the MEGA-Dybenko shopping mall. The procedure of presenting the apartments to the investors has been started.
2013 december 11
Setl Group Opens Funding of the 6th Stage of Vienna Estate with BFA Bank
Setl City (a company of Setl Group) has opened a line of credit with the BFA Bank in the framework of the project funding of the 6th stage of Vienna estate (house No. 11). The lending for the construction period will amount to 1 billion roubles, with about 2 billion roubles of total investment. The line of credit is provided for the period till June 30, 2016. The 6th stage is to be commissioned in the 1st quarter of 2015.
2013 november 13
Setl City Signs an Agreement under Social Facilities in Exchange for Taxes Program for GREENLandiya Residential Estate
The Government of Leningrad Region, the Administration of Vsevolozhsk Municipal District, the Administration of Murino Village and Setl City have signed a quadripartite agreement of cooperation in the construction of social facilities in the GREENLandiya residential estate. This is already the second Setl City’s agreement in the framework of the Social Facilities in Exchange for Taxes program. A similar document concerning the Seven Capitals residential estate was signed by the developer in October this year.
2013 november 07
Keenest Demand in Countryside Market is for Land Plots without Contracts
According to the St. Petersburg Realty Consulting Center, over 2050 sites in the market of suburban cottage villages of St. Petersburg and Leningrad Region were sold in the third quarter 2013. That was 15% more than in the same quarter of the last year. Most of the sales were those of land plots without construction contracts; as compared to the same period of 2012, the number of such transactions has increased by 36%.
2013 november 06
Volume of Sales in New Construction Market Grows by 20%
According to the St. Petersburg Realty Consulting Center, over 1,000,000 sq. m of housing under construction were sold in St. Petersburg and in the suburban areas of Leningrad Region in the third quarter of 2013. This was more than 22,000 apartments, 20% more than in the second quarter of this year.
2013 october 28
Setl Group Becomes the Winner of the St. Petersburg’s Best Construction Companies Prize
Setl Group has been recognized the winner of the St. Petersburg’s Best Construction Companies prize in the Noviye Metry (New Meters)-2013 nomination. The company has been noted as the leader in the volumes of commissioned housing.
2013 october 08
Setl City Publishes its Program for Social Facilities Construction in Leningrad Region for Next 7 Years
Within the next 7 years Setl City will build 16 pre-school and secondary education sites more than 80,000 sq. m in total area under two integrated development projects, Seven Capitals and GREENLandiya. The roughly estimated investment in the construction of the social facilities will amount to 4 billion roubles.
2013 october 04
Gorod Masterov (“Craftsmen’s Town”) to appear in Krasnoselsky District, St. Petersburg
The development company Setl City (a Setl Group company) has developed the concept of a new housing estate named Gorod Masterov (“Craftsmen’s Town”) in Krasnoselsky District, St. Petersburg in the area limited by Sankt-Peterburgskoye shosse, prospect Budennogo, designed extension of Narodnogo Opolcheniya prospect and road No. 15 which is currently under design.
2013 september 26
Companies of Setl Group holding