Tuesday, 23 December 2025
HORIZON CITY announces the resumption of sales after the project has fully complied with the provisions of Law No. 207/2025, known as the “Nordis” Law, and completed, in record time, all procedures related to the pre-apartmentation and registration in the Land Registry.
Law No. 207/2025 entered into force on 11 December 2025 and introduced major changes in the way reservation agreements and preliminary sale and purchase agreements are concluded for residential units under construction. The main objective of the new legislation is to protect buyers, by introducing clear rules regarding transparency, legal individualization of residential units, and the strictly regulated use of advance payments.
“Rapid compliance with Law No. 207/2025 was a strategic priority for HORIZON CITY. We believe that this law creates a fairer and more mature framework for the entire Romanian real estate market. The fact that we completed the pre-apartmentation process and all Land Registry registrations in record time demonstrates our operational capacity and our commitment to transparency and to the genuine protection of buyers,” said Cătălin Apetri, CEO and Founder of CGA Home Consulting and Development Director for Romania of the investor Ghai Sant Ram.
HORIZON CITY is located on Pipera Boulevard and is a large-scale residential development. It is developed by the British investor Ghai Sant Ram on a plot of nearly 23,000 square meters, following a private investment of EUR 130 million.
