Tagor is planning to build 12 apartment blocks near Şoseaua Alexandriei in the southwest of Bucharest. The first two buildings, which are to be completed in 2013, are to offer 75 apartments in an investment of EUR 34 mln, while the entire estate is to eventually comprise 548 units. All of the apartments are to cost less than EUR 60,000 in order to qualify for the government’s Prima Casa (First Home) lending programme. (Source: romania-insider.com)