Real estate developer EuroHabitat, which is building the Planorama residential project, has said it has managed to transfer apartments in the first block of flats to their buyers and paid its taxes to the state. The developer says around 80 percent of buyers in the project have already agreed to waive penalties for the delay and accept the new apartment delivery dates. The flats will be delivered between May and July this year.
At the end of last year, BSR was chosen as project manager for Planorama, which continues to collect signatures from customers for the new delivery dates. The developer has also said it is close to securing a EUR 2.5 million loan.
“Despite problems in the past, the project is being accepted in a positive way by potential customers […]. Sales to the public will start in April-May, when the first apartments in the first block are delivered,” said David Silberstein, BSR’s new project manager for Planorama.
Buyers into the Planorama project have been waiting for two years for the delivery of their properties.
The project was launched in 2005 and was planned to include 1,000 flats. It suffered previous difficulties when the construction company, Yapitek, went bankrupt in 2007. The developer replaced the firm with Denya Cebus.
Corina Saceanu