Ivanovo is a Russian city situated in the central part of the East European plain. There are also more than 200 lakes in Ivanovo and the main rivers here are Volga with its tributaries. Ivanovskaya oblast was formed on January 14, 1929 and it is traditionally been called the textile capital of Russia Russia. The population of the city is 406, 465, according to 2008 figures. It has also been known as the "City of Brides" since most textile workers are women. Until 1932, its official name was Ivanovo-Voznesensk and it also earned the sobriquet of the "Russian Manchester" during the 19th century, Because of its textile manufacturing industry.

The city is also home to Ivanavo sverny, , which is one of the largest military airlift bases in Russia. Ivanovo has several educational institutions such as Ivanovo Medical Academy, Ivanovo Architectural Academy, Ivanovo State Power University (ISPU). The University of Chemistry is one of the oldest Universities in the town. The city was founded by merging the old flax- processing village Ivanovo with the industrial Voznesensky Posad in 1871. Ivanovo is proud of its art homecraft centres in Palekh and Kholuy. There are lots of museums in the city: the Museum of the Tsvetayevs and the museum Levitan in Ples are the most popular ones.

The rent real estate Ivanovo is booming over the past few years. Textile industry plays a major role in the economy and the Real Estate Property market in the city. The excellent economic fundamentals, lower volatility and the yield spreads among the highest in the country are urging more investors from abroad and from local to the property sector of Ivanovo. Given the city’s stronger economic fundamentals and its higher international standing, several developers and property investors in the city have successively transferred to slightly-influenced business Real Estate for sale Ivanovo market, which brings along the uptrend of business real estate as well as the substantial increase of areas sold. The city’s steady economic growth and its higher national profile mean that the market’s long-term outlook is bright and offers stable returns for long-term investors. An increasing number of foreign investors give stable growth in the market.