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Mission

Project «Kvartaly 21/19» includes a school, 3 kindergartens, parkings and underground parkings, a multifunctional complex with shops, offices and a fitness center, and a green boulevard of total area over 3 hectares.

A great emphasis in the residential property design is placed on infrastructure: landscaping design, transport accessibility, environmental friendliness and architectural solutions, that jointly form comfortable conditions for living in urban environment..

Creating ideal space for living, which meets standards of A-class construction: safety, comfort, environmental friendliness and aesthetics.

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Projects
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Cottage residential complex
Work performed: the purchase of land at auction of JSC "Centeratom", design, renovation, obtaining building permits, construction.
419000 м2
Residential complex
2021
Moscow, Ryazanskiy av. 6a
Residential complex
Cottage village construction
Work performed: construction of cottage settlement "Kapitan Land", sale of cottages and land plots, exploitation.
65000 м2
Cottage village
2015
Tula region, Matyushino village
Cottage village
Complex construction
Work performed: design and construction of apartment house with underground parking on our own land.
7050 м2
Residential building
2019
Moscow, Pavla Korchagina str., 7, b. 1
Residential building
Residential building reconstruction
Work performed: redevelopment of the hotel into a residential building, sale of apartments and nonresidential premises, exploitation.
11374 м2
Residential building
2013
Leninskiy ave., 87
Residential building
Office center reconstruction
Work performed: the redevelopment of industrial building into retail and office center with increase of area, exploitation, leasing.
4327 м2
Office building
2013
Voronezh, Voroshilova str., 16
Office building
Office building - territory development
Work performed: creation of the concept of territory development after closure of alcohol-free beverages factory, leasing.
34140 м2
Office building
2008
Moscow, Rusakovskaya str., 13
Office building
Residential building reconstruction
Work performed: Resettlement, reconstruction of emergency house with the increase in the area and the construction of the underground garage, exploitation.
13935 м2
Residential building
2006
Moscow, Gogolevskiy blvd, 29
Residential building
Office building redevelopment
Work performed: Redevelopment of the office building with the area of 3200 sq.m. into hotel and office center with underground parking.
43690 м2
Office building
2005
B.Pionerskaya str., 1/1
Office building
Reconstruction of emergency state residential building
Work performed: resettlement, reconstruction of emergency house with increase in the area and construction of the underground garage, exploitation.
3067 м2
Residential building
2002
Moscow, 3rd Obydenskiy lane, 2
Residential building
9 Projects
3 Cities
Show as a list
Cottage residential complex
Moscow, Ryazanskiy av. 6a
Work performed: the purchase of land at auction of JSC "Centeratom", design, renovation, obtaining building permits, construction.
419000 м2
Residential complex
2021
Cottage village construction
Tula region, Matyushino village
Work performed: construction of cottage settlement "Kapitan Land", sale of cottages and land plots, exploitation.
65000 м2
Cottage village
2015
Complex construction
Moscow, Pavla Korchagina str., 7, b. 1
Work performed: design and construction of apartment house with underground parking on our own land.
7050 м2
Residential building
2019
Residential building reconstruction
Leninskiy ave., 87
Work performed: redevelopment of the hotel into a residential building, sale of apartments and nonresidential premises, exploitation.
11374 м2
Residential building
2013
Office center reconstruction
Voronezh, Voroshilova str., 16
Work performed: the redevelopment of industrial building into retail and office center with increase of area, exploitation, leasing.
4327 м2
Office building
2013
Office building - territory development
Moscow, Rusakovskaya str., 13
Work performed: creation of the concept of territory development after closure of alcohol-free beverages factory, leasing.
34140 м2
Office building
2008
Residential building reconstruction
Moscow, Gogolevskiy blvd, 29
Work performed: Resettlement, reconstruction of emergency house with the increase in the area and the construction of the underground garage, exploitation.
13935 м2
Residential building
2006
Office building redevelopment
B.Pionerskaya str., 1/1
Work performed: Redevelopment of the office building with the area of 3200 sq.m. into hotel and office center with underground parking.
43690 м2
Office building
2005
Reconstruction of emergency state residential building
Moscow, 3rd Obydenskiy lane, 2
Work performed: resettlement, reconstruction of emergency house with increase in the area and construction of the underground garage, exploitation.
3067 м2
Residential building
2002
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Partners

We are trusted by such major investment funds as «Sberbank - Residential property 3», we have talented partners - together we can set new, higher standards of real estate market.

Expobank is our key partner, and we look in the same direction together. Thanks to its support, we have an opportunity to implement even the most daring projects.

14
«Idea Group» LTD
Architecture bureau «Tsimailo,
Lyashenko and partners»
Metrium
AB «NP»
15
Moscow subway
Domostroitelnaya company №1
VTB 24
Sberbank
Rosselkhozbank
Expobank
MFS
16
Investment fund
«Sberbank - Residential property 3»
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News
The problem of defrauded interest-holders is exaggerated
Managing partner of VectorStroyFinance Andrey Kolochinskiy in the exclusive column for Novostroy-M talks about whether the construction reform, the main components of which are the transition to project financing and the use of escrow accounts, can really solve the problem of defrauded investors.

Reform of the sphere of shared construction is another link in the chain of legislative initiatives designed to solve important social problems. Over the past few years, the basic law regulating the work of developers has been revised many times. The concern of lawmakers the situation related to the emergence of new defrauded investors, largely clear.

Market conditions are changing and the improvement of any legislation is a normal process. At first, any initiative met with criticism, but over time it becomes clear that the changes were necessary to make a particular industry transparent. Many sectors of the economy has already experienced a tightening of regulation, it is enough to remember the banking industry and the establishment of the Association of insurance of contributions. Despite the objections of bankers, over time, this tool has shown its effectiveness, providing additional protection to depositors.

Today, the government has a goal to make the construction industry transparent and to guarantee the interests of the participants of shared construction. However, despite the good intentions, the chosen approach to solving this problem does not guarantee unconditional respect for the rights of buyers of housing at the construction stage, and some tools on the contrary call into question the work of many developers in the current economic situation.

Let us turn to the history of the issue. Initially, the deceived investors were those people who were really deceived by double sales and other fraudulent schemes. Today, it is almost impossible to work around the legislation in the housing market — the role of the regulator is too great. Participants of the construction industry mostly comply with the established rules and meet the stated requirements. However, this does not solve the problem, and there are new deceived investors, although the terminology, in my opinion, is outdated. After all, today, in most cases, many developers can not complete their projects because of the problems with financing, and not because of the lack of perfect legislation and the desire to take advantage of this and deceive the client. By the way, the very problem of deceived shareholders is exaggerated. Let me turn to statistics: the volume of funds raised by the cost-sharing arrangement with unfulfilled obligations is not more than 5% of the total investment in shared construction.

In my opinion, the reason for the appearance of unfinished buildings should be explained, including economic factors. Any business in a developing economy with sufficient solvent demand will be successful. However, today we cannot boast of growing incomes of our compatriots. And the main demand in the segment of mass housing directly depends on the credit conditions in the mortgage market. The upcoming VAT reform does not add optimism: it is logical that this initiative will affect the welfare of our citizens. So far, the situation in the market of the capital's new buildings remains stable, largely due to the delayed demand, which occurred against the backdrop of rising mortgage rates. But there are fears that at the beginning of next year, sales volumes will seriously decrease.

If this happens, developers will have to complete the construction of their projects, relying primarily on bank project financing. But the question remains - how much will it be available after July 1, 2019? Using what criteria banks will choose developers partners? To what extent will they be able to provide funding? So far, there are no answers to these questions. Lack of access to cheap financial resources is a powerful obstacle to the development of the construction industry and can cause a new wave of so-called deceived investors.

In conclusion, the construction sector is among the five sectors that provide the main contribution to the GNP of the state, and employs about 10% of the working-age population of the country (and if we take related industries, this figure will be more). If there is a narrowing of the industry, what will happen to these people? In my opinion, the loss of work for such a share of the population is no less acute social problem than the problem of defrauded investors.

In the 3rd stage of the residential complex "Kvartaly 21/19" more than half of the apartments are sold
As of the beginning of December 2018 in the residential complex "Kvartaly 21/19" in the third stage more than 50% of the apartments are sold.

Sales of apartments in the third phase of construction of the residential complex "Kvartaly 21/19" started in June 2017.  In one year and a half solid buildings, designed for 733 apartments, has demonstrated impressive dynamics of sales - were sold more than 50% of the apartments. High demand, as well as a significant increase in construction readiness affected the price - the average cost per square meter for the period increased by 35%, and individual lots, in particular studios, rose by 45%. Today, the average cost of housing in these buildings is 188 000 rubles/sq. m.

The most popular were two-bedroom apartments with an area of 85 square meters, which provides three separate bedrooms and an enlarged kitchen area, combined with a living room, a dressing room and two bathrooms. "We paid great attention to planning solutions in monolithic buildings, as functional living space is one of the main factors determining the demand. As a result, we were able to offer a popular product and provide the correct ratio of options of apartments. Therefore, in monolithic housings popular equally enjoy all the options offer washed evenly," says Andrey Kolachinskiy, managing partner of "VectorStroyFinance".

In demand for buyers were apartments located on the middle floors (5-10 floors), which is explained by the higher cost of apartments with panoramic views on high floors. Apartments in buildings without loggias, the absence of which is successfully compensated by panoramic windows and walk-in closets, turned out to be in demand.

Analysis of the portrait of the buyer showed that about 30% of the apartments in the third stage of the residential complex " Kvartaly 21/19 " were purchased by customers of the company "VectorStroyFinance", as well as their relatives and friends who came on the recommendation. 90% of buyers are residents of the Moscow region. 80% of customers are family people. More than 70% of the deals were made with a mortgage loan.

Housing for Russians will become even more inaccessible than it was
Tatiana Golikova said that to increase the birth rate of Russians the availability of housing for Russians has to be increased. If we proceed from this logic, the authorities are not interested in increasing the birth rate. Most young families are not able to buy an apartment, and judging by how expensive the mortgage is, this will become quite bad.

The course of affordable mortgage in our country began a few years ago due to the systematic reduction of the key rate of the Central Bank. However, the increase in geopolitical risks, the deterioration of the overall economic situation in the country, the weakening of the ruble and inflation processes have led to the fact that for the first time in the last three years, the regulator was forced to increase the rate by a symbolic 0.25 percentage points.

The increase in the key rate of the Central Bank was the reason for the revision of the credit policy of the main players in the mortgage lending market. Over the past month, more than 10 banks have changed the size of mortgage rates on their programs. Are there any prerequisites for further deterioration of credit conditions for the population? How much can mortgage prices rise and how will the situation on the mortgage market affect the development of the real estate market?  "Svobodnaya Pressa" discussed these problems with the managing partner "VectorStroyFinance" Andrey Kolachinskiy.

"SP": - How quickly did the banks react to the change in the Central Bank's key rate?

- Talks about the deterioration of credit conditions for the purchase of real estate began in August, when Raiffeisenbank was the first to raise mortgage rates by 1 percentage point due to the growth of long-term funding rates. However, most of the industry players even after the change of the key rate of the Central Bank kept the rates at the same level for some time. But when the adjustments took place in Sberbank, which traditionally sets trends in the mortgage market, it became clear that in the near future we will observe a general deterioration in conditions. To date, mortgage rates have changed in all major financial institutions. However, the adjustments were not so significant, within 0.5 — 1 percentage point.

"SP": - How much can such an increase in rates scare off potential borrowers? And for what category of clients is even half a percentage point decisive?

- Customers who have prepared in advance for the purchase of housing on credit and morally ripe for this difficult decision, are unlikely to abandon their plans. Nevertheless, it cannot be denied that the less solvent category of the population, even 0.5 percentage points, can make life difficult, especially for clients with little or no down payment. For the category of customers who improve their living conditions by selling an old apartment and buying a new one, such an increase is not so critical.

"SP": — Which segment of the primary housing market will be most affected by changes in mortgage lending?

- The most sensitive to changes in mortgage rates will be the mass housing market, where today up to 60-80% of transactions (depending on the project) is with borrowed funds. Business class, on the other hand, will not feel the change, as the share of mortgage transactions here is not more than 40%. And the clients focused on purchase of the high-budget real estate, as a rule, have the income above average and aren't limited in means, and the mortgage for them is rather a temporary solution of housing problems, instead of a lifelong bondage.

"SP": - At what level are the bets now? How can they change before the end of the year?

- I will start with Sberbank, which now offers to issue a loan at 9.6-9.9%, depending on the selected program. In VTB, the rate is slightly lower-9.5%. In such banks as Zenit, Sovcombank and Absolut Bank the rate exceeds 10%. By the end of the year, the weighted average mortgage rate may approach the level of 10%, amounting to 9.7−9.9%.

"SP": - As a result, how did the buyers react to the change in the conditions of mortgage lending?

- The revision of the terms of loans for the purchase of housing has intensified the delayed demand and caused a surge in buying activity in the real estate market. People, fearing a more serious increase in the cost of mortgage loans in the future, hastened to catch the train leaving cheap mortgages. A category of financially literate borrowers does not pay attention to the increase in rates, as it expects to be able to refinance the loan in the event of favorable conditions. In addition, changes in interest rates have only affected new applications, and in most financial institutions the loan period is up to three months. That is, now the banks also continue to issue loans on previously approved applications on the same terms. On the eve of the new year holidays, another surge in seasonal demand may lead to new records in the mortgage market. However, later such growth may be replaced by a recession.

"SP": - In addition to interest rates, how else are lending conditions changing? Is, for example, the size of the down payment changing?

- Today, the average down payment on the mortgage is 15-20% of the loan amount. At the same time, the Central Bank imposes increased requirements for mortgages with a low down payment (that is, less than 20%). Thus, in early October, the regulator increased the risk factors for such loans. In this situation, banks have no choice but to raise rates on such products. Therefore, in the circumstances, I would not advise to issue a loan with a low down payment, you’ll get a significant amount of overpayment.

"SP": — What will happen to the mortgage market and the real estate market in the long term? Is it possible to regard the increase in rates as a temporary phenomenon?

- The prerequisites for the deterioration of the credit conditions of the population remain. Next year, I do not rule out the possibility of further growth of rates, provided that the national currency is further weakened and the rate of inflation is accelerated. The general trend of rate reversal to growth will have a negative impact on the market of new buildings, which are highly dependent on mortgages. The implementation of the president's instruction to increase the volume of housing construction to 120 million square meters per year will also be in question.

"SP" — - What advice would you give to potential buyers of housing?

- When considering the decision to purchase a property, you should pay attention not only to the conditions of mortgage lending. It is necessary to assess the situation in the market as a whole and its future prospects. Taking into account the upcoming increase in VAT and the transition to project financing and escrow accounts, in the near future the growth of prices in the segment of new buildings will be inevitable. Therefore, if it is possible to purchase real estate today, I would not delay the solution of the housing issue, even taking into account the changed mortgage rates. In anticipation of more attractive credit conditions, it is possible to face more aggressive pricing policies of developers.

The start of sales of 4th line of the residential complex "Kvartaly 21/19"
The company "VectorStroyFinance" announces the start of sales of the fourth stage of the residential complex "Kvartaly 21/19", which is being built in the Ryazanskiy district of Moscow. At the initial stage of construction, the minimum budget is 4.5 million rubles.

The company "VectorStroyFinance" continues to implement a large-scale project "Kvartaly 21/19" and puts on sale apartments in new buildings of the fourth stage. Lots in four buildings without finishing went on sale, about the start of sales of apartments with repairs, presented in a separate building №15, the developer will report further.


 

The total area of 5 buildings of the fourth quarter is 77.5 thousand square meters (the area of apartments is 42.1 thousand square meters). Houses of variable height (9, 18, 23 floors) are designed for 757 apartments in 32 planning solutions. The buildings have a common stylobate, under which there is an underground Parking for 425 cars.

On the first floors of residential buildings and separate buildings there are commercial premises, which will later open cafes, restaurants, shops, beauty salons, as well as a supermarket of a large retail chain.

According to their quality characteristics, the houses of the new construction phase meet the high requirements of business class housing. The apartments have panoramic windows, high ceilings, additional bathrooms, attractive entrances and high-quality finishing of common areas.

To date, preparatory work and mobilization of the construction site are carried out on the fourth stage. The well-known company Svargo, which carries out the construction of the buildings of the third stage of the residential complex "Kvartaly 21/19", was chosen as the general contractor. Commissioning of houses of the fourth stage is planned for the 2nd quarter of 2021.

Five new buildings have already received accreditation for mortgage lending programs in several banks. Accreditation at the initial stage of construction indicates the reliability of the developer and a high level of trust of the company "VectorStroyFinance" from financial institutions. Among the partner banks of the leading players of the mortgage market – Sberbank, VTB, Rosselkhozbank, and others.

At the start of sales the minimum value of the property is 4.5 million rubles. For this amount you can buy a studio with an area of 30 square meters, which provides two panoramic windows, which allows you to additionally zone the space. Let’s remember that at the start of sales of apartments of the third stage, the minimum budget began from 3.9 million rubles, and for the year some lots rose by 45%, which indicates the high popularity of the residential complex "Kvartaly 21/19" in the capital's real estate market.

"The implementation of the residential complex "Kvartaly 21/19 " is on schedule. Traditionally, we start the construction of a new line and announce the start of sales, when the previous quarter is in the active stage of construction and most of the apartments are already sold. So, to date, in the third quarter there are less than 50% of the offer. We have not yet managed to launch an advertising campaign announcing the start of sales in 4 queues, but the interest of buyers to the new volume of supply is very high. Over the weekend we launched a closed sale. Most of the customers – our residents and people who had previously purchased an apartment in a residential complex, or their relatives and friends who came for advice," says Andrey Kolachinskiy, managing partner of "VectorStroyFinance".

The problem of defrauded interest-holders is exaggerated
Managing partner of VectorStroyFinance Andrey Kolochinskiy in the exclusive column for Novostroy-M talks about whether the construction reform, the main components of which are the transition to project financing and the use of escrow accounts, can really solve the problem of defrauded investors.
In the 3rd stage of the residential complex "Kvartaly 21/19" more than half of the apartments are sold
As of the beginning of December 2018 in the residential complex "Kvartaly 21/19" in the third stage more than 50% of the apartments are sold.
Housing for Russians will become even more inaccessible than it was
Tatiana Golikova said that to increase the birth rate of Russians the availability of housing for Russians has to be increased. If we proceed from this logic, the authorities are not interested in increasing the birth rate. Most young families are not able to buy an apartment, and judging by how expensive the mortgage is, this will become quite bad.
The start of sales of 4th line of the residential complex "Kvartaly 21/19"
The company "VectorStroyFinance" announces the start of sales of the fourth stage of the residential complex "Kvartaly 21/19", which is being built in the Ryazanskiy district of Moscow. At the initial stage of construction, the minimum budget is 4.5 million rubles.
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Approach

Rich experience is a no reason to stop. We are constantly looking for a fresh vision of routine market standards: new architectural forms, layout ideas, innovative materials and technologies. A lot of attention is paid to beautification of the public spaces, entrance groups and house territories.

«VectorStroyFinance» focuses on long-term future, making projects that will correspond with the spirit of time even in 100 years.

We care about future generations: each project assumes environmental security and subsequent planting.

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Strategy

Today our constant desire to progress has led us to a new quality level of construction and allowed us to reduce the price of constructed square meters.

The future of construction field lies in high quality projects that correspond with all requirements of big city inhabitants.

With our work we form new principles of construction business in Russia, oriented on innovational approaches, environmental responsibility and customers’ true needs. Company’s nearest plans include increasing presence in regions and becoming a leader of affordable housing market in Moscow.

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Company

The basis for «Vectorstroyfinance» activities is a long-term experience in the implementation of various projects, which made it possible to elaborate a comprehensive vision for development.

We can ensure the entire investment and construction process, starting with purchase and land development and ending with exploitation of real estate.

Steady and responsible work since 2004 provided us with a reputation of a reliable developer and partner.

Today, with the support major Russian banks, we realize big and ambitious projects - both in regions and in Moscow.

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History

JSC «Vectorstroyfinance» was established in 2004. First projects of the developer were reconstructions of emergency state residential houses in the center of Moscow.

Since its establishment company has implemented dozens of projects in the development sphere: commercial complexes, countryside real estate, objects of social infrastructure, multistorey apartment complexes, reconstruction and redevelopment of buildings.

Conducting these activities, we formed a strong and professional team. We highly appreciate it, as responsibility for the company’s future lies on everyone, and indifference is the main enemy of effectiveness.

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Learn the history of "VektorStroyFinance" and the main directions of our work.
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