KM Financial Solutions | Homebuilders face cost pressure as Russia tightens rules on presales
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Homebuilders face cost pressure as Russia tightens rules on presales

Homebuilders face cost pressure as Russia tightens rules on presales

MOSCOW, July 2 (Reuters) – A new law forcing Russian
homebuilders to use bank loans to fund construction rather than
relying on cash from selling homes before they are complete will
add to costs and encourage industry consolidation, developers
said.

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