Biysk City Files Lawsuit against the Developer
Title: Biysk's Battle with Elit-Dom over Unpaid Rent and Housing Woes
Listen up, folks! The Arbitration Court of the Altai Krai is about to hear a heated case between Biysk's municipal property management department and the developers at "Elit-Dom." The dispute revolves around an overdue rent payment under a land lease agreement—a whopping 78,000 rubles owed from May 2024 to April 2025, accompanied by a penalty of around 8,000 rubles.
You might be wondering, "What's the big deal?" Well, this developer is the same one responsible for the infamous unfinished construction project on AB—a high-rise that's been hanging in limbo since 2013. Initial plans called for completion in 2015, but due to hiccups caused by the contractor's bankruptcy, progress halted. Since then, "Elit-Dom" has been stringing locals along with promises of new completion dates.
Enough is enough, many residents of AB say. They're demanding the construction be handed off to a new investor or the building torn down. But that's not all, folks! Rumors are swirling about "Elit-Dom" looking to expand their operations in other parts of Biysk—places like Nagorny and the Distillery. Keep your eyes peeled for updates on these possible housing developments!
Don't just take our word for it, though! If you're curious about the current status of the housing projects in Biysk, it's best to get in touch with local real estate agencies, municipal authorities, or check official announcements from "Elit-Dom." We'll keep you posted as we learn more!
The heated legal case in Biysk's Arbitration Court could set a precedent for the finance industry, particularly for investors in the real-estate sector, as the municipal property management department faces "Elit-Dom" over an unpaid rent of 78,000 rubles under a land lease agreement. Moreover, the controversial reputation of "Elit-Dom" in the local real-estate industry, due to their uncompleted construction projects and repeated broken promises, raises questions about their foray into new housing projects in Nagorny and the Distillery.
