by a decision of the government, the developers temporarily exempt from penalties for delay in the transfer of apartments to the investors and damages caused by it. This applies from 3 April until the end of this year if on-site introduced the mode of increased readiness or emergency. “This does not mean that developers are exempt from the obligation to transfer the apartments to shareholders generally. But in case of delay will not work to recover the penalty and damages. In the rest of the relationships between shareholders and developers remain unchanged,” – emphasizes Tyutyunin.
to reduce the risk to buy the apartment is in residential complex with ready-made packages or with close deadlines. “The trend of redistribution of demand in favor of housing accompanies crisis periods, – General Director UK “Development” Igor residents of Kozelsk. In particular, it was in 2008-2009. Then the change in consumer preferences was supported by a real picture of the market: in 2009, even some big developers actually went bankrupt, many projects were frozen, and as a result, a large number of the deceived shareholders”.
the Risk of becoming “problem” to have projects at any stage of construction, the managing partner of the company “Metrium” Maria Litinetskaya. There were occasions when projects were frozen, even at the stage of connection networks, after the construction of residential buildings. In a normal economic situation, the risk of delays to construction projects rather depends on the reputation of the Builder: a reputable company with a voluminous portfolio of commissioned projects more picky about deadlines than novices.
“If the developer is not a system (say, this is his first or second project), I would wait the erection of a monolith or, for example, the implementation of 50% of the apartments, – the Director of Department of city real estate at Knight Frank Andrey Solovyov. In this case, the risk is minimal. Most likely, the Bank will fully co-finances this project, even in the case of problems for developers.”
Now, agree experts, is to pay more attention not to the degree of readiness of the house, and on the financing scheme used by the Bank is for the construction of funds of co-investors or Bank loans (money buyers thus to the time of the house frozen in escrow accounts).
Today the situation is completely not the same as in 2008-2009, said the residents of Kozelsk. About 30% of the homes are built through the escrow account. “Both sides of the agreement the equity is protected in a period of crisis: the developers do not depend on the money of clients and secured Bank financing, and buyers are at risk of joining the ranks of defrauded investors, the expert emphasizes. – Therefore, the risks of facing a freezing of the project is much lower, and sweatof Eph of money by the investors in such projects and even impossible”. If a developer with escrow disrupts the timing of delivery of new buildings for more than six months, the buyer may terminate the contract and return the money even in case of bankruptcy of the company, explains Litinetskaya.
real estate Investors houses, erecting by the old rules, without using escrow, are also protected from losing money in case of bankruptcy of the developer return is invested through Fund of protection of the rights of citizens – participants of shared construction, but this process is longer.
Now there is a risk not so many bankruptcies and the emergence of defrauded investors, as simply delaying the construction of the epidemiological situation: in some areas of work suspended. And this applies to objects both large and small developers, projects at any stage of readiness. “If you stop construction for a few weeks, developers are able to catch up, working the night shift. But a longer outage can result in the preservation of the building. In this case you will need to undertake a number of costly measures. You have to understand that there is a continuous work cycle is a complex of earthworks, laying of concrete, monitoring of curing, binding reinforcement on monolithic arrays, Assembly, facade and roofing work. In addition, during the period of quarantine has disrupted logistics delivery of materials and equipment from the factories,” – says Litinetskaya.
Information about how the developer passes the house, accumulated on the site.house.of the Russian Federation. In the section “Inspection of buildings” indicates how accurately the developer passed the previous projects, whether he has put the documentation for the project, what percentage of the apartments are already sold.
