First Baneasa Residential phase sells out and works starts on second phase

The first stage comprises 12 apartment buildings, the bulk of which will be delivered this spring. The developer has so far invested EUR 60 million in the residential area.
The second stage of the project will feature four-floorey buildings. The first 51 apartments in the fist stage were delivered last summer.
The residential section covers 60 percent of the total area of the mixed Baneasa project, and will total up to 5,000 housing units. Works at the residential part started in 2005 and should end in 2015.