Thursday, 30 July 2026
British investor Ghai Sant Ram is expanding his real estate portfolio in Romania through a new strategic acquisition completed via Ghai Family Holding in northern Bucharest. The investor acquired from George Becali a plot of approximately 30,000 square metres, located near Pipera Plaza, where he intends to develop a residential project comprising approximately 650 apartments.
The purchase price was approximately EUR 14.3 million, and the land was acquired together with the building permit for a large-scale real estate development. The transaction was brokered by CGA Home Consulting.
Details of the development’s exact configuration, apartment mix, number of parking spaces, amenities, total investment value and construction timetable will be announced once the technical stages have been completed.
With 1,188 apartments at IVORY RESIDENCE, 699 at HORIZON CITY and 650 planned for the new Pipera development, Ghai Sant Ram’s residential portfolio in Romania exceeds 2,500 units.
