Hassan Morad develops premium apartment block near Pădurea Băneasa

Businessman Hassan Morad, co-owner of Morad Group, is exploring the development of a premium apartment blocknear Pădurea Băneasa, across from Țiriac Auto. If approved, the new Pădurea Băneasa development would add to Moradduce a modern residential option in a sought-after area of Bucharest.

The proposed building would feature a basement, ground floor, four floors, and a secluded fifth floor, with an estimated 80 apartments. However, to proceed with construction, Morad must secure approval for a Zonal Urban Plan (PUZ) in accordance with the requirements of District 1 City Hall.

Morad Group has an extensive track record in residential developments across Romania, having delivered several large-scale projects. Its portfolio includes Onix Residence in Grozăvești (456 apartments), RubinStein in Străulești (141 apartments), SaphirStein in Cotroceni (188 apartments), Onix Blue in Mamaia Nord (420 apartments), and Onix Park in Pipera (1,925 apartments, with 564 completed in the first phase).

If approved, the new Pădurea Băneasa development would add to Morad Group’s expanding portfolio of premium residential projects, reinforcing its position as a key player in Bucharest’s high-end real estate market.

Source: Profit.ro