housing
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Africa-Israel buys land worth 60m euros for housing
The Africa Israel Europe real estate development firm, which is building the Cotroceni Park shopping complex in Bucharest, plans to buy three plots of land valued between 60 and 70 million e...
BCR and Erste set up housing bank
S Bausparkasse, the housing savings and loan bank of Erste Bank, is to establish a subsidiary in Romania together with BCR, Astrid Kratschman, head of S Bausparkasse operations in Central an...
Marr Group to invest 70m euros in housing
The prices for plots of land in the Capital, especially in central areas, are the most expensive in the region, according to Marat Safin, president of the Marr group, which is developing the...
Hercesa to build housing district on site of Titan bakery
The Spanish company, Hercesa Imobiliare, is planning to build a residential complex on the site of the former Titan bakery, after signing a pre-contract with Loulis Romania for the acquisiti...
Raiffeisen trailblazes new housing loans
Raiffeisen trailblazes new housing loans
16m euro housing project
A new residential complex will be built in the outskirts of the Bragadiru commune (southwest of Bucharest) in two years. Erecting the 250 homes will take 16 million euros, as explained by Ni...
Lower VAT for drugs and social housing
Certain goods and services might see a lower VAT quota as of next year, Mihai Hura, deputy director general within the Finance Ministry yesterday said. "The low quota will almost certainly b...
Housing loan boosts land price, help construction business
It is the house constructors and not those selling flats that will stand to gain the most from the housing loan supply on the market. "It was sheer bad luck," admits George C., a potential h...
Deductible housing loan instalments?
The instalments paid on housing loans could be deducted from the taxable income of any individual, yet this will not happen any sooner than two years from now and will depend on the possibil...