Novosibirsk
+66 90 040 0052Russia · toll-free+66 90 040 0052Messenger · international team
Request a call Личный кабинетОплата RU

Developers of St. Petersburg are switching to project financing

CMP Group, The Best Agent in Overseas Property Sales 2026
10 October 2026
CMP Group wins The Best Agent in Overseas Property Sales at the Thailand Real Estate Agent Awards 2026

The awards ceremony took place at Park Hyatt Bangkok on 8 October 2026.

Застройщики Санкт-Петербурга переходят на проектное финансирование

Developers of St. Petersburg are switching to project financing

According to the Unified Information System for Housing Construction, more than a hundred Russian developers did not wait for the official entry into force of amendments to the law on shared construction and have already switched to project financing.

As of April 2019, in 214 objects 117- These apartment developers are already selling apartments using escrow accounts.

Russian Prime Minister Dmitry Medvedev signed a resolution that defines the conditions under which developers will be able to complete the construction of their facilities with the direct attraction of funds from equity holders, without switching to escrow accounts . Earlier, the Ministry of Construction estimated that half of all current construction projects in Russia could be completed under the old funding rules.

The LenRusStroy company is already operating in St. Petersburg under the new rules, which is building the Novoye Gorelovo complex in the Krasnoselsky district. According to preliminary estimates, the construction of 9 million square meters of housing out of 14 will be completed in the city according to the old financing rules. In the Leningrad region, 4 million square meters out of 7.

A Siberian company with an international name GZHF.rf helps clients with purchases of real estate , sales, exchange, mortgages in all cities where we have a presence — Novosibirsk, St. Petersburg, Irkutsk, Vladivostok, Pattaya, Dubai, Alanya, Phuket and Toronto. GZHF.rf is one of the five largest international real estate agencies in Russia.
Back to news list