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MR Group will explain its presence on Presnya.

The "Fazotron-NIIR" Corporation, controlled by "Rostech" and NPF "Gazfond", may sell its 1.9 ha in the Presnya district in the center of Moscow. MR Group owned by Roman Timokhin and Viktor Labudzko is interested in the plot. The Moscow authorities have already approved the construction of a residential complex of almost 90,000 sq. m here. Investments in the new project could exceed 10 billion rubles.

The Moscow authorities have approved the construction of a residential complex with an area of 89,500 sq. m with a hotel and commercial-office spaces on 1.9 ha in Electric Lane in the Presnya district in the center of Moscow. According to the statement of Moskomstroiinvest, the owner of the plot, where there is currently a production base, is JSC "Fazotron-NIIR". According to one of the consultants, this plot is for sale. Two other consultants confirmed this information, adding that this site may be suitable for MR Group projects, which are looking for plots in the center of Moscow. Co-owner of MR Group Roman Timokhin did not deny the company's interest in the plot on Electric Lane. Yesterday, the phones of "Fazotron-NIIR" were not answered.

The shareholders of the "Fazotron-NIIR" Corporation are ANO "Center for Testing and Certification "Promtekhnosert" (6.74%), which, according to Kartoteka.ru, is controlled by "Rostech". Another structure of "Rostech" - JSC "Concern Radioelectronic Technologies" owns 13.9% of "Fazotron-NIIR". Another 20.7% is owned by ZAO "F-Finance", controlled by NPF "Gazfond", 25.16% - owned by Ryazan Instrument Plant, belonging to the state, 16.89% - in the ownership of the corporation itself, 9.42% - owned by ZAO "F-Capital". "Fazotron-NIIR" specializes in the development of onboard radar stations for multifunctional aviation complexes.

MR Group has been in existence since 2003, specializing in the construction of residential and commercial real estate. The main owners are Roman Timokhin and Viktor Labuzdko. The group's portfolio includes 30 objects with a total area of 5 million square meters in Moscow, the Moscow region, and Sochi, according to the official website of the developer.

The CEO of "Geo-Development" Maxim Leshev believes that the site in Electric Lane could currently cost 4 billion rubles, assuming that housing will occupy half of the future complex. The Chairman of the Board of Directors of Kalinka Group, Ekaterina Rumyantseva, points out that construction and installation works may cost between 60,000-80,000 rubles per square meter. Therefore, the developer's expenses for construction may range from 5.4 billion to 7.2 billion rubles. According to the public cadastre map, the construction area in Electric Lane consists of two plots with areas of 0.4 hectares and 1.5 hectares. "The volume of housing here could amount to 40,000-50,000 square meters," calculated the Managing Partner of "Metrium Group" Maria Litinetskaya. She considers the site suitable for the construction of premium-class housing. According to her estimates, the starting prices will be within the range of 270,000-300,000 rubles per square meter, "if we are talking about apartments, not flats." Thus, the revenue from the sale of the entire housing can amount to 10.8-15 billion rubles. Ms. Litinetskaya identifies the projects "Residence MONE" (investor - "Panauto" company, developer - AB Development) and the residential complex City Park (concern "MonArkh") as potential competitors to the houses in Electric Lane. "This location has an aggressive competitive environment. There are many projects, and some of them are better located. The sales dynamics can be considered good with the sale of 10-20 lots per month," argues the Chairman of the Board of Directors of Kalinka Group, Ekaterina Rumyantseva. She estimates the cost of housing in the project at the initial stage of construction to be 170,000-200,000 rubles per square meter. Alexandra Mertsalova, Ekaterina Geraschenko.

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