Additionally, 16,376 homes were completed in Q3, down by 9.4% compared to the same period in 2023.
In the first nine months, approximately 56.6% of the homes were put into use in urban areas, while the rest were in rural areas.
The INS report shows that most homes were completed in the Bucharest-Ilfov region (12,015), followed by the North-West region (6,187) and the Center region (4,907).
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.
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase.
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.
Government incentives remain one of the main factors for choosing an electric vehicle, and the example of Germany illustrates this perfectly.
The construction of the project already started, with the delivery date being estimated for the end of 2026.
Black swans are rare and unexpected events with severe consequences and the potential to cause a change in a formerly held belief or system of beliefs.
The BlueCash integrates the functions of a cash register and a banking POS terminal into one compact device, equipped with a suite of business applications to optimize operations.
Leroy Merlin, part of the French ADEO Group, is one of the largest DIY retailers in Romania, operating an extensive network of 22 stores in 16 cities.
