Developer Dimri prepares to expand Dimri Ghencea project
Israeli real estate developer Dimri is preparing to start work on the new development phases of the Dimri Ghencea project, which will include another 1,800 apartments, after the widening of Prelungira Ghencea, one of the busiest arteries in Romania, began.
Dimri entered Romania 17 years ago with the plan to build a neighborhood in Ghencea with 25 blocks and over 2,500 apartments, but underdeveloped infrastructure has significantly contributed to slowing down this plan.
“The start of infrastructure works at Prelungira Ghencea pushes us to prepare for the next stage of development of Dimri Ghencea. It is a positive sign and will certainly accelerate real estate activity in the area. Eventually, the tram will also reach here. From the current phase, we have delivered 96 units, and the remaining 288 apartments are to be completed in April-May and we are already preparing the start of the next phase with 1,800 apartments, also developed in stages,” stated Dimri representatives.
In Prelungirea Ghencea, Dimri owns a land with an area of 13 hectares on which it plans to develop 25 blocks, 6 swimming pools, an office building and a shopping mall.
Source: Profit.ro