Asmita Gardens, administered by firm Euro Insol, includes 765 apartments, of which 451 have been sold.

Last month, Asmita Gardens sold 4 four-room flats, 10 three-room apartments, 5 two-room flats and 2 studio flats.

Asmita Gardens is the largest residential project in Romania both by value (EUR120 million) and regarding its number of apartments.

On November 7, 2011 Asmita Gardens enetered insolvency after lender Alpha Bank filed an insolvency claim against it for a EUR70 million debts.