ABSTRACT

The Moscow oblast administration is one of real estate developers founding shareholders, together with the local administrations of several districts in the city and several construction companies. Estate developers started in one of the Moscow subdivisions, working with the local administration, which was receptive to their plan. In 1994 estate developers submitted a comprehensive proposal to the Moscow oblast administration, and after it was approved, their main subcontractor in the project. Among estate developers largest clients are the Ministry of Defense, the Ministry of Emergency Situations, the State Committee on the North, and several regional administrations. The Moscow oblast administration is one of estate developers founding shareholders, together with the local administrations of several districts in the city and several construction companies. Estate developers buy land from various landowners, mostly local administrations, although there are more and more private owners, including collective farms.