The project is part of the first stage of Cloud9 Evolution housing compound, developed in the wake of a EUR90 million investment.
The project is scheduled to be carried out in two stages, with completions expected for 2026 and 2027.
Alfa Group, controlled by entrepreneur Alin Niculae, comprises companies active in various fields.
With an over three-decade experience in the real estate field, the group has completed over 15,000 apartments and built more than one million square meters of housing and office spaces.
(English version by Catalina Apostoiu)