According to the Organizational Committee of the Urban Awards, in 2011 in St. Petersburg, only 4 new elite class facilities will be commissioned in St. Petersburg.
The current situation with a shortage of qualitative sentence in the premium segment was predicted for several years. The first reason for this: the refusal of some large developers from new projects and freezing those elite projects that have already begun. This led to the transfer of the deadlines for commissioning (the Lumiere housing complex is an example), or free land plots are almost ready for construction put up for sale (Vyazova Street, house 8 or Robespierre Street, 32). The second reason – there are quite serious changes in the appearance of the buyer, as well as changes in the perception of the market of elite real estate objects as such. In particular, investors have practically left the market, since until now 90 percent of the purchases of elite housing occurs for their own residence. There was also a revaluation of requirements that are presented to expensive housing. If there was enough location before the crisis to attribute the object to the elite class, today the set of minimum requirements has become wider. So, some technical requirements were added to a successful and winning location, including the presence of underground parking, to the height of the ceilings, and so on, the requirements for the quality of construction appeared.
“According to our estimates, approximately 60-70 percent of projects that previously belonged to the“ elite class ”, currently deservedly moved to the business category. In addition, the concept of “elite housing” in itself is somewhat outdated, due to its uncertainty and subjectivity. The development of this real estate market will be obtained only next year, when all current objects will be completed, since it is for 2012 that real new elite objects are announced, ”Pavel Pikalev, who are the director of the Penny Lane Realty, as well as the situation, suggests the situation jury member of the pre -construction award Urban Awards.
At the same time, the business class segment in the cultural capital is developing very intensively. Thus, many residential complexes have already submitted applications for participation in the awards, namely the Bourgeois club, the Zolotnaya section residential complex, the Estet residential complex, the Admiral Nakhimov residential complex, the Lomonosov residential complex, the LCD “Sergey Yesenin”, and the LCD “Classics”, LCD “Lake House” and LCD “Premier Palace”. It will be possible to find out the names of the winners of the ceremony on November 24, it is then that the award ceremony will be held in Moscow.
