GRINADA RESIDENTIAL QUARTER HOLDS THE LEAD IN APARTMENT SALES IN NEW CONSTRUCTION PROJECTS IN MOSCOW

18/09/2017

According to statistics of the Federal Service for State Registration, Cadaster, and Cartography, 160 co-investment agreements were signed for real estate in new buildings of the Grinada residential quarter in August 2017. This is more than in any other projects within the “old Moscow” area during the same period. The project owner is PSN Group.

The Grinada comfort-class residential quarter went on the market in April 2017. A surge in the number of sales was recorded in the summer, with single-bedroom and two-bedroom flats enjoying the highest demand with buyers. Two buildings of the project are currently on sale.

Grinada is sited in one of Moscow's greenest neighborhoods on the edge of the Butovo Forest. Some 165,000 sqm of comfort-class residential real estate will be built over an area of some 6.5 hectares by 2021. Other than residential properties, it will offer commercial spaces and an extensive social infrastructure, such as a school for 550 children, a kindergarten for 230 children, a multipurpose track-and-field site, playgrounds for children of different ages, stores and coffee shops on ground floors. Appropriately equipped areas for yoga and sports activities will be available in the courtyards of buildings. Worthy of special mention are the rope climbing park and a flower greenhouse included in the landscaping plan. The project features the “driveways without cars” concept, CCTV systems, and concierge service.

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