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City Hall to Re-register Deals

City Hall will make an inventory list of property development contracts in Moscow's new territories and re-register them, said Konstantin Timofeyev, head of the city's department for the implementation of construction investment contracts and housing equity partnerships.

"Investment contracts concluded for facilities in Moscow's new territories will be carefully examined and subsequently re-registered," he said, as cited by Interfax last week.

The contracts will be considered by the city's Urban Planning and Land Commission, he said.

The city officially added 148,000 hectares and hundreds of thousands of residents on July 1.

(MT)

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