Over 28,500 apartments under development in localities near Bucharest

Business Forum
The ongoing residential developments in areas near Bucharest count around 28,500 apartments, with Voluntari town and Tunari commune among the locations with the biggest volume of new construction, according to a report by Imobiliare.ro. 

Developers are focusing on the Roșu village in Chiajna locality and the Popești-Leordeni town for new residential projects. These areas act as an extension of existing Militari and Berceni neighborhoods in Bucharest.  

In Pipera-Voluntari area there are over 3,000 new residential units under construction at present. 

Ștefăneștii de Jos is another locality near Bucharest where the biggest residential project in Romania is currently under development. 

Going forward, several major infrastructure projects are under construction that are slated to increase the attractiveness of towns near Bucharest by easing traffic at the city's entrances.  

This includes Highway A0, the Bucharest Orbital Project, and the extension of the underground transport network on lines M6 and M2 up to Otopeni and Berceni commune. 

RECOMMENDED
Fewer homes get completed in Romania in Q1-Q3 2024
Real estate

Fewer homes get completed in Romania in Q1-Q3 2024

The total number of homes completed in Romania in the first nine months of the year was 42,312, down by 18.1% compared to the same period last year, according to a report by the National Institute of Statistics (INS).

Northern Bucharest to continue to drive resi demand
Real estate

Northern Bucharest to continue to drive resi demand

Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  30 January, 2025 at 2:28 PM
Business Forum  |  30 January, 2025 at 2:13 PM