Sorin Apostol, CEO of Impact Developer & Contractor, said the real estate residential segment will return to normal relatively quickly, in the upcoming period, especially the new constructions segment.
Construction works on the first phase of the project started in March 2018 and the apartments will be delivered to beneficiaries starting May 15, according to information provided by the developer.
The Luxuria Domenii Residence compound is built in three stages, on a land of 22,500 square meters, and, upon completion, it will include nine blocks with a total 630 apartments, 9,650 sqm of vegetation, among which an own park (the Luxuria Park) of 2,500 sqm, which will host ten themed gardens.
“Considering authorities’ plan to gradually lift the isolation measures, we are confident we will be able to comply with the deadlines for finalization for the next two phases too: 268 apartments due to be delivered in December 2020, and 130 apartments due to be delivered in April 2021. Currently, we are working in parallel on all three stages of the project, at a rate that helps us meet our targets”, Apostol concluded.