Russia Opens up Real Estate Transactions
Starting this month it will be possible to look up details on 15 million real estate deals that are registered in the Unified State Register of Real Estate Property. Rosregister, the Federal Service for Property Registration, Cadastral Planning and Cartography, is making the information available through an experimental portal that it launched June 1. The portal, called Real Estate Market Monitor, provides public information on parcels of land and buildings, including where the property was sold and at what price. The system is updated automatically as new real estate deals are registered, a Rosregister representative said.