SVN Residentialist Pipera offers for sale a land plot of 43000 sqm located in Bucharest, Bd. Timisoara, Sector 6, near the Avangarde Grande Village Residential Complex. The land benefits from the following urban planning indicators
Zone M2 mixed use subzone with maximum building height P plus 14 floors
CUT 3
POT 70 percent
Total built area allowed 129000 sqm developed
The land has strong development potential for a residential complex with buildings S plus P plus 9F, being situated in an area offering major facilities
STB RATB stations 100 m away
Water, natural gas, sewage and electricity connected to public utilities
Direct access from Bd. Timisoara
Only 7.9 km about 20 minutes from Piața Victoriei
Nearby commercial centers Selgros, Dedeman, Plaza Romania 7 minutes away
The area is benefitting from a new network of roads, expressways and streets that will connect Militari West Commercial Park and the A1 Highway with the center of Bucharest, improving access to economic, commercial and leisure zones
The zone is continuously developing due to the extension works of Timisoara Boulevard toward the A0 Highway and the Ring Road through a median ring. A new boulevard is being developed nearby, creating a direct link between Timisoara Boulevard and Prelungirea Ghencea. In addition, a new hospital is under construction, with a capacity of 200 beds and multiple specialized medical departments, including an emergency unit.
The area, known as Zone 17, is already seeing development of residential buildings, office buildings, parks and leisure spaces. Another major advantage is the express road planned to be built by Sector 6 City Hall together with Bucharest City Hall, which will surround the land.
The property borders to the East a 15 ha land owned by Impact Developer, one of the largest real estate developers in Romania, who is currently authorizing a large scale project including residential buildings, office buildings, a mall, schools, kindergartens and relaxation areas.
The project can be developed in stages or as a whole.