HOMES
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ANL To Complete 1,800 Units This Year, No Plans For New Projects
Romania's Housing Agency (ANL) will not begin development of new apartment buildings this year, but will complete work on 1,800 units started in previous years, regional development minister...
Banks Granted EUR1B Mortgage Loans Last Year
Loans granted by Romanian banks for home acquisitions rose by EUR1 billion last year, reaching the equivalent of EUR7.75 billion, according to data from central bank BNR.
Development Ministry Plans To Insulate 250,000 Apartments Next Year
Romania’s Regional Development and Tourism Ministry plans to rehabilitate about 250,000 homes next year using the extra funds the European Commission has agreed to redirect from other progra...
Government Cuts Subsidy For Residential Construction Through Mortgage Loans
Romania's Government has decided not to subsidize the construction of homes through mortgage loans, arguing that budget revenues are insufficient to continue support for this program, and wi...
2.2 Million Homes, 5.5 Million People Surveyed In First Three Days Of Census
More than 2.2 million homes and over 5.5 million people were surveyed in the first three days of the census (October 20 through October 22), the National Statistics Institute announced Sunda...
A 7-Magnitude Quake In Romania Would Cause Property Damages Of EUR4.8B - Survey
An earthquake similar in intensity to that which shook Romania back in March 1977 might cause real estate damages of EUR4.8 billion, considering that the total value of homes in Romania is e...
State-Built Home Rent Capped At One Third Of Average Net Wage - Draft
The rent paid for social homes the Romanian state will build in public-private partnership in the next years will cover administrative costs, the property tax and home insurance, and will no...
Romania To Keep High Taxes On Multiple Homes Into Next Year
Romania's Government will keep the higher taxes paid by owners of two or more buildings into 2012, after a law approved by the Parliament limited their application to this year.
CSA: About 45% Of Homes In Romania Insured
The share of insured homes in Romania has reached 45%, up about 5 percentage points compared to June 30, when it stood at 40.3%, insurance regulator CSA president Angela Toncescu said in a p...