News » February, 2011 » 4 February 2011
Illegal buildings to be demolished, compliance after the fact no longer allowed
04.02.2011, 12:07 | Real Estate | 950 views
The Government decided via an emergency ordinance to eliminate the possibility of owners, builders and developers who infringed on urban plans to get the so called "urban plans to ensure compliance after the fact" for buildings that do not comply with the plans. The government drastically limited the possibility of the public authorities admitting the Zonal Town Planning (PUZ) financed by private investors or by landowners, which currently allow the PUZ to stray from the General Urban Planning (PUG) for areas of 1,000 square metres. Read more on ZF.ro
|
Latest news in category Real Estate
The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings considered to have a high seismic risk. read more...
Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. read more...
City Mall shopping center in Bucharest, currently bankrupt, might find a buyer at the third auction, for a price of at least EUR 26.2 million, considering Casa de Insolvenţă Transilvania, the project's liquidator, sold a document detailing the conditions of contract to an interested investor. read more...
|
|
