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Three Houses and Two Kindergartens in GREENLandiya Residential Estate Commissioned Ahead of Schedule

2015 july 06

Setl City (a company of Setl Group) has obtained the permission to commission buildings 3, 6 and 7 with integrated kindergartens for 100 and 140 children in GREENLandiya Residential Estate (Murino settlement). The Developer is 3 months ahead of the construction schedule. Less than 7% of the apartments are still available for sale. Petersburg Real Estate is the exclusive broker of the project.

There will be 1,867 apartments after complete finishing about 100,000 sq. m in total area in the three houses. Buildings 3 and 7 house integrated attached kindergartens for 100 and 140 children respectively. Setl City and the Leningrad Region Government have signed an Agreement, under which the commissioned kindergartens participate in the Social Facilities in Exchange for Taxes Program and are to be run the region’s authorities.

The commissioning of buildings 3, 6 and 7 has completed the formation of the first block of the GREENLandiya project within the boundaries of Shuvalova street, Mendeleyev boulevard, Okhtinskaya street and Vorontsovsky boulevard. Inside the block, besides the two kindergartens, there are playgrounds for children, volleyball, badminton and ping-pong grounds, and a soccer and basketball stadium. An apple orchard planted jointly by the new tenants and Setl City’s specialists adorns the center of the large courtyard.

Another 4 kindergartens for 440 kids all in all are being built in the adjacent block, which is also a part of the GREENLandiya project. A detached school for 1,175 children is to be built there, too.

The project funding of the construction of buildings 3, 6 and 7 is provided by the IBSP Bank. The loan with the total limit of 2 billion roubles was granted for 3 years in January 2014. 

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Companies of Setl Group holding