SVN Report: Construction permits issued in Bucharest halved in the last three years
Real Estate
The number of construction permits issued for residential buildings located in Bucharest has almost halved, while the total usable area authorised for construction decreased by 62% in the last three years, according to a market report released by real estate consultant SVN Romania. Thus, 272 construction permits for residential buildings were issued in Bucharest in the first nine months of 2024, 4.2% lower compared to the similar period of last year. 366 permits were issued in the first nine
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