Real estate and construction
Alerts
Amendments have been adopted to town-planning legislation which, among other things, enable the Russian Government to approve the procedure for adopting draft site design documentation and simplify the extension of a construction permit.
On 1 March 2023 the Russian Town-Planning Code was supplemented with new provisions on the architectural and town-planning layout of capital construction facilities.
Pepeliaev Group advises of the adoption of a federal law that provides for the establishing of Stroycomplex.RF, a unified information system supporting town-planning activities; a new type of town-planning documentation is also introduced.
Pepeliaev Group advises that, on 1 September 2022, Federal Law No. 430-FZ “On amending Part I of the Civil Code of the Russian Federation” dated 21 December 2021 (“Law No. 430-FZ”) came into force with respect to the legal regulation of immovable things.
Pepeliaev Group advises that in August 2022 the Russian Supreme Court issued a Ruling confirming the court practice of the lower courts in the area of shared construction that investors who are individuals are deprived of the benefits in the event of the developers’ bankruptcy when residential premises are acquired for investment purposes.