MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announces that it has completed the Schastye v Tsaritsyno project in the south of Moscow. [the_ad id=”31605″]The project has a total NSA of 7 ths sqm, including 5.7 ths sqm of residential area. The building consists of three sections of 10, 13 and 16 storeys, and includes underground parking.
Schastye v Tsaritsyno is a modern comfort-class project located in Tsaritsyno, an environmentally healthy area with a wide range of infrastructure. Numerous green spaces can be found within the vicinity of the residential complex, including Sosenki Park, Arshinovskiy Park, the Biryulevskiy Municipal Forest and the Tsaritsyno Museum-Reserve. The complex is easily accessible, with a convenient exit to Proletarsky prospect and Kashirskoye shosse. The nearest metro station, Tsaritsyno, is only 900 metres away. The project has enjoyed strong demand, with nearly all apartments sold upon delivery of the building.
The Schastye v Tsaritsyno project became part of Etalon Group’s portfolio following Etalon’s acquisition of a controlling stake in Leader-Invest in February 2019. All NSA sold at the Schastye v Tsaritsyno project from 19 February 2019 onward will be included in Etalon Group’s consolidated financial results starting from 1H 2019.
With the completion of the Schastye v Tsaritsyno project, Etalon Group has now delivered 124 ths sqm of NSA since the beginning of 2019.