Tens of thousands of new apartments will appear in Bucharest in the next three years. The neighborhoods and localities around the capital that the developers have put in the most expensive.
Developers in Bucharest want to bring about 32,000 new apartments on the market by the end of 2028, and the neighborhoods Theodor Pallady, Pipera and Taberei will be a spearhead in the extension of the city on the new residential segment.
Until the developers' plans become a reality, the offer is kept at a lower level than the one registered in the first part of last year. Out of a total of 37,530 homes available for sale in the first quarter in the Capital, only 23% were completed in the last five years, according to the data presented at the Imobiliare.ro National 2025 event, which brought together about 400 active professionals in the Real Estate sector.
The areas of Bucharest where the new apartments have expensive the most
The number of new residential projects also decreased by 7% in the first part of this year, if we refer to the situation registered in Bucharest at the beginning of 2023. The developers had 211 projects, and most new apartments were available in Theodor Pallady, Băneasa, Militari, Drumul Taberei and Obor.
About 2,520 new apartments were put up for sale in Theodor Pallady, with an average price of 1,891 euros/sqm useful, up 17% compared to the first quarter of 2023.
In Baneasa, those interested in the purchase of a home were able to choose the right property of the 1,858 apartments available in the market. These were put up for sale with an average price of 2,682 euros/sqm useful, up 6% compared to the beginning of 2023. Nearly 1,000 new apartments were put up for sale in the military. The prices requested in this neighborhood increased by 16% in two years and reached the average of 1,887 euros/sqm
Expensive with 13%, respectively 11% could also be observed in the case of new apartments in Drumul Taberei and Obor. Buyers had over 700 new homes in both areas. The houses in the Drumul Taberei were put on the market with an average price of 2,033 euros/sqm. Those who wanted to buy a new apartment in the Obor area paid, in the first quarter of this year, on average 2,864 euros/sqm.
Top of areas in the capital where most new homes are planned
Developers in Bucharest want to bring about 32,000 new apartments on the market by the end of 2028, and over 5,700 of them would be delivered only to Theodor Pallady area in the southeast of the city.
Another 4,438 housing are planned in Pipera, a neighborhood in the north of Bucharest that has developed strongly over the last few years, shows the data presented at the Imobiliare.ro National 2025 event.
On the third place in the top of the areas where most new apartments are planned, there is the Drumul Taberei. In this case, there are 2,341 units, according to the data presented by Imobiliare.ro.
The following positions in the ranking of neighborhoods in which the developers have most of the new apartments are occupied by Baneasa (2,340 units), Colentina (1,657 units), Străulești (1,355 units), Obor (1,333 units), military (1,261 units), Rahova (1,220 units) and Berceni (1.194 units).
Increases Ilfov County and
Development of the new residential segment continues accelerated in the localities in Ilfov county. By the end of 2028, 20,500 new apartments are planned, most of which are to be delivered to Ștefăneștii de Jos, Voluntari, Popești-Leordeni, Rosu, Mogoșoia, Tunari, Buftea and Dobroești.
The biggest offer of new housing is now in volunteers. About 1,500 new apartments were put up for sale here in the first part of 2025, with an average price of 2,711 euros/sqm, up 15% compared to the one practiced in the first quarter.
Between 200 and 260 apartments can also be found in the localities Roşu, Tunari and Popești- Leordeni, according to the analysis of Imobiliare.ro. Accelerated price increases could be observed, in the last two years, in the case of homes in the Red village, located in Chiajna commune. Those who bought a new home at the beginning of 2025 paid 24% larger amounts for each square meter compared to the people who made a real estate acquisition in the first part of 2023.
