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  Survey of the Real Estate Market in Kharkov
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Company project

IZUMRUDNAYA DOLINA District development

The district is situated within the city limits of Kharkiv. Total area is 56 ha.Remoteness from the city center is 5.5 km.
The concept involves a comprehensive stage-by-stage development of the district.

Stage 1: construction of a shopping and leisure center (120 thousand m2);
Stage 2: construction of a shopping, office & hotel complex;
Stage 3: construction of residential district.

Izumrudnaya Dolina Project is a harmonious combination of areas differing by their functionality:

  • Shopping areas occupy a total territory of 19 ha; total floor space of shopping  facilities is 170 thousand m2;
  • Business areas occupy a territory of 12.4 ha; total floor space of business facilities is 200 thousand m2;
  • Residential districts occupy a territory of 16.2 ha; total residential floor space is 250 thousand m2;
  • Recreational areas occupy a territory of 3.5 ha.

Volume of investments required: 500 mln. US Dollars.
Project profitability is 12 to 16%.
 

Construction of a multifunctional residential complex

Total area of the district is 2 ha. Remoteness from the city center is 4 km. Two buildings of uneven height, a kindergarten for 27 children and 2 parking places are planned to be constructed within the territory of the residential
district under the project.


Total area of the residential complex is 78.7 thousand m2 including:

  • Residential floor area of 58 thousand m2;
  • Infrastructure facilities area of 4.8 thousand m2;

Volume of investments required: 75 mln. US Dollars.
Project profitability is 35 to 41%.

 

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