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Setl City Starts the Construction and Opens Sales in a Residential House with a Kindergarten in Kudrovo

2013 january 21

Setl City (a company of Setl Group) has started the construction and St. Petersburg Realty has opened sales in the fifth stage of the Vienna residential estate (Seven Capitals project in Kudrovo). A peculiarity of the site is an attached two-storey kindergarten for 110 children. It is expected that the construction will be completed in the 4th quarter of the year 2014. The expected volume of investment in erecting the fifth stage is 1.3 billion roubles. The total area of the new five-section house will be about 23,000 sq. m. There will be 563 one- and two-room flats in the house, and commercial spaces 1,200 sq. m in area. As always, comprehensive landscaping on the estate’s area will be provided, trees and bushes will be planted, lawns will be laid out and walkways will be laid. It should be noted that in the framework of the 7 Capitals project Setl City is planning to build about 680,000 sq. m of housing spaces and 8 pre-school and state education institutions ( 2 schools and 6 kindergartens). It is expected that the entire project will be completed in the year 2018. The investment value is estimated at 35 billion roubles.

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Companies of Setl Group holding