In January, when real estate prices everywhere started to be rendered in ‘conditional units,’ DON-Stroy Co. announced that it would make advances to its customers and fix rouble prices for its buildings till February 15. This special offer* allows company customers to make their choice coolly, without worries that apartments will suddenly rise in price due to the fluctuations in the foreign currency market.
In the future, DON-Stroy still plans to make calculations in the domestic currency: ‘Most of the construction investment costs are calculated in roubles, therefore we see no need to peg prices to a different currency,’ says Timur Batkin, Director General of DS-Realty, ‘and if the varying economic situation requires price adjustment, it would be easier and clearer for all to adjust them in roubles.’
No doubt, costs of component parts purchased abroad (high-quality engineering equipment, elevators, finishing materials, etc.) are increasing due to the growing euro and dollar rates. Thus, after February 15 apartment prices may be revised.
* DON-Stroy’s special offer presents the widest choice in the market, including apartments in completed and ready-to-move-in buildings: completed business-class residential complexes such as ‘House on Begovaya St.’ near the business City area and ‘Izmaylovsky’ adjacent to the Izmaylovsky forest park; the residential complex ‘Losiny Ostrov’ under active construction near the national reserve; the best De Luxe offer: ‘Residential Quarter in Plyushikha,’ and of course, the new residential complex ‘SETUN’ in a respectable area in western Moscow.
Press Service, DON-Stroy group of companies
Тel. 925-43-85 / 925-43-87
press@don-stroy.com