Author page: Kirill Kulakov

Methods of Determining the Investment Value of Land Plots Intended for Integrated Residential Development and Algorithm for Its Realization

#3. Attraction of Diversity
Methods of Determining the Investment Value of Land Plots Intended for Integrated Residential Development and Algorithm for Its Realization

The investor and the developer can decide to participate in the complex residential development project only if the assessment of the investment value of such land plot shows its high economic attractiveness. As a methodological basis for calculating the investment value of a land plot for integrated residential development, it is proposed to use a revenue approach, and within it — the method of the proposed use of a land plot. The article suggests a technique for modeling the investment value of land plots for integrated residential development, which includes 12 stages. To implement this methodology at the level of corporate management of investors, developers and developers, and for the purposes of state municipal land management, an appropriate application algorithm has been proposed.

Revolutionary Solutions in the Evaluation

#4. The Square of Transformation
Revolutionary Solutions in the Evaluation

Improved methodology of state cadastral valuation, absence of frequent revision of its results in the future – one of the key components of developing investment strategies in real estate and construction markets. Kirill Y.Kulakov, the first deputy general director of the Center for Property Independent Expertise, a member of the Council on evaluation activities at the Ministry of Economic Development of Russia, the MGSU professor, doctor of economic sciences, FRICS, in his interview with “ES” magazine told about these, as well as other large-scale legislative innovations in the sphere of assessment activities.

Crimea, Mortgages, Education: What’s New for the Appraiser?

#4. Why that is needed?
Crimea, Mortgages, Education: What’s New for the Appraiser?

In his interview with the “ES” magazine Kirill Kulakov, the First Deputy General Director of “Center for Independent property expertise” (CIPE), doctor of economic sciences, MGSU professor told about the specific aspects of appraisal activities in Crimea. Special attention according to K. Kulakov should be paid to professional appraisers training system — it is necessary to develop new educational programs, “it’s requirement of time associated with legislation changes, with development of new methods, information technology”.

Fundamental Changes as a Condition for Preserving Valuation

#4. Cognitive Dissonance

The situation formed in the National Council of valuation activities (NCVA), in fact, represents the split of valuation community.

Russia’s Appraisal in Transition Period

#1. Beyond Design Basis Evaluations

If for one particular company 20 years — a huge period, for the whole industry it is rather the formation period with its inherent problems of growth and professional recognition.