Biggest districts in Bucharest are worth 9bn euros

The market value of the nine biggest housing districts in Bucharest, built after the 1977 earthquake, is around 9 billion euros, with the districts including 144,000 apartments and accounting for 18% of the stock of Bucharest homes, a ZF analysis reveals.
More than one billion euros is the value of apartments built in the Unirii area (15,000 units), Pantelimon (27,000) and Colentina (22,000), three of the largest housing areas which consist of blocks of apartments built between 1977 and 1990, according to information from Proiect Bucure[ti.
The average price of a home in these districts is 63,000 euros, according to data supplied by real estate consultancy Coldwell Banker on the percentage of studios and apartments with 2, 3 and 4 rooms in these districts and their average prices.
More than 10,000 homes have been built in the analysed period in districts Rahova, Berceni, Titan, 13 septembrie, Tineretului and Drumul Taberei. At present, the biggest residential complexes do not exceed 1,000 apartments.