Olga Arkhangelskaya: recent reforms make developers’ life easier

05.08.2016

Arkhangelskaya-Olga-125-90“In such a big city as Moscow thorough regulation in construction is, in fact, vital. The Moscow Government now spends significant effort to preserve cultural, historical and architectural heritage of the city, ensure safety and well being of its residents, and maintain the balance between the needs of the city inhabitants and commercial objectives of the investors. The recent reforms should make life easier, especially for smaller developers, which typically have less resources for handling the administrative procedures,” said Olga Arkhangelskaya, Partner, Head of real estate advisory services, Russia&CIS at Ernst&Young.