OREANDA-NEWS.  October 17, 2014. Sviaz-Bank (Vnesheconombank Group) has accredited new residential complexes in Moscow and suburbs under its Uncollateralized New Home program that has helped thousands of Russian families to improve their housing conditions.

The program has enjoyed popularity for many years, and an increasing number of developers are applying for accreditation by the Bank, which is a sign of this lending institution’s reliability.

The updated list of new residential developments includes the Buninsky residential complex (houses 1 to 6), River Park (buildings 8 and 9), Vysokiye Zhavoronki (buildings 1-4, 6, and 7), Izumrudnyye Kholmy (buildings 3 and 4), and YUIT Park.

A customer may take out a loan of up to 30 million rubles for a period of up to 30 years against a down payment of at least 10% and upon presentation of a certificate on Form 2-NDFL (personal tax) or on the Bank’s own form (choice has no effect on the size of interest rate) confirming his/her income. The larger the down payment, though, the smaller the interest rate will be applied relative to the current minimum interest rate of 11.8% per annum in rubles on new residential projects.

The Buninsky residential complex lies on the territory of New Moscow in a like-named administrative district, six kilometers from the Moscow Ring Road, next to Butovo Forest Park and very close to Moscow’s Butovo South district.

The River Park complex is the only project in Moscow that sits between park and water washing against the project banks on north and east. The Kolomenskoye museum reserve is a five-minute walking distance away. The urban River Park quarter can easily be reached by road.

The Vysokiye Zhavoronki residential complex is a place for families to live in quietly and comfortably out of town. Its buildings rise from three to twelve stories high on a patch of land 67 hectares large that looks on the Mozhaisk Highway on one fringe and a large tract of woodland on the other.

The Izumrudnyye Kholmy residential neighborhood is going up in Krasnogorsk, one of suburban Moscow’s environmentally cleanest areas, on the Volokolamsk Highway nine kilometers from the Moscow Ring Road. It consists of 20 apartment houses of different height and essential infrastructure – seven childcare centers, five schools, a healthcare center, sports and recreational center with a swimming pool and water park, playgrounds, stores, and parking areas.