The concept and importance of shared construction
The shared is the construction, in which developers and investment companies use the funds of shared participants for the construction of a residential facility. After the construction of a new building, it becomes shared or private property of investors.
Development of advantages:
Participating in this form of development, the investor can pay funds for the apartment in stages. Concluding an agreement with a construction company, a citizen pays only the initial contribution, and the remaining amount can be repaid in parts. Shared construction can be carried out with the participation of an investor who uses borrowed banking funds.
When concluding an agreement, a participant in this construction can initially choose and reserve housing, discuss the floor, the location of the windows, the possibility of changing the geometry of the rooms, the features of engineering communications. This is very important because redevelopment after the commissioning of the facility will require significant costs.