Peculiarities of Building and Technical Expertise of Real Estate Objects Which Are at the Construction Stage

Incomplete construction: Russian and foreign experience

“…With each year, the amount of such objects is increasing. The growing volumes of the state unfinished construction are becoming a significant problem in the context of a crisis reduction in budgetary investments [1]. The relevance of the study is based on the fact that the growth of the volumes of unfinished construction has financial, political, and legal prerequisites, and the consequences are of both economic and socioenvironmental nature.…”

“…After the termination of "cheap" financing, many participants of the investment process could not return loans because of a sharp decline in sales of housing, and complete the construction of facilities. Since 2009, the number of unfinished buildings and structures in the Russian Federation remains at the level of 105-106 thousand objects per year, an average of 46-48% of the total number of buildings put into operation [4,5].…”