The compound will include 324 apartments and is developed jointly with Real-Sol company.
The project will be developed in four stages until 2017, and the first stage includes the building of 81 apartments and is scheduled to be completed next spring.
In the last ten years, Gindi Group developed over 5,500 apartments in 12 cities of Israel, including Tel Aviv.
GViTown project is the first of a series of investments that Gindi Group plans to carry out on the Romanian market, according to the representatives of the company.
Real-Sol company, involved in the development of several real estate projects, such as office building City Gate in BUcharest, America House and Europe House, residential compound Rose Garden, provides integrated services in the real estate- financing, engineering & marketing sectors.