Soldier's Wife Keeps Apartment After Former Owner's Fraud ClaimA pensioner from Yekaterinburg has lost a court case to reclaim an apartment she sold for 4.4 million rubles (about $48,900 at current rates) to the family of a soldier participating in the special military operation. She claimed she was pressured by fraudsters, but the court upheld the sale.
Novosibirsk's 'Juilliard': 300M rubles revive factory culture houseThe new owners of the Popov House of Culture in Novosibirsk have invested over 300 million rubles (about $3 million at current rates) to transform it into an Academy of Arts, manually restoring stucco and returning chandeliers sold in the 1990s.
Shirokaya Rechka Apartments: 12,950 Rubles MonthlyFuture homeowners in the new Shirokaya Rechka microdistrict can expect monthly payments starting from 12,950 rubles if they purchase apartments using the family mortgage program.
Novosibirsk Approves Residential Complex Near Sosnovy BorNovosibirsk authorities have approved a residential complex near Sosnovy Bor in the Kalininsky district, replacing an industrial zone. In exchange, the developer will design and build a kindergarten for 160 children.
December Mortgage Demand Sets Five-Year RecordThe volume of mortgage loans issued in December 2025 reached 613 billion rubles (approximately $6.8 billion at current rates), setting a five-year high. More than three-quarters of this amount came from the preferential 'Family Mortgage' program.
Luxury Turgoyak apartments launch with 40 million ruble price tagApartments on Lake Turgoyak are entering the market at 40 million rubles (approximately $440,000 at current rates), questioning whether this is a new trend for a resort where units start at 10 million rubles (about $110,000).
