The Housing Mortgage Finance Agency (AIZhK) of Russia will hand over without recompense a plot of land with an area of 30 hectares to a housing cooperation in the Moscow region, where a large micro-district is planned to be erected.
As Construction.RU was told today by the press office of AIZhK, a low-rise housing would be constructed there by Moskvorechye housing cooperation.
The plot of land is located 39 kilometers from the Moscow Ring Road and 6 kilometers from the town of Zhukovsky. The housing development is expected to take four years. Some 68 detached houses with an area of up to 1,500 square meters each will be built there.