The Ministry of Economic Development of the Russian Federation prepared the draft of the Federal law "About development of territories"

The Ministry of Economic Development of the Russian Federation prepared the draft of the Federal law "About development of territories" which is aimed at the development and improvement of the territory chosen by authorized body (under the contract on development of the territory). According to the project, under the signed contract on development of the territory, the main builder undertakes to carry out at own expense development or improvement of a certain territory, thus the main builder acquires the right for acquisition (located in borders of the arranged well territory): – the land plots which are in the state or municipal ownership. – buildings, structures, rooms, and also objects of incomplete construction which are in the state or municipal ownership and not burdened with the rights of the third parties, without the auction, at the price equal to one percent of their cadastral cost.