Thursday, 23 October 2025
Construction on the second phase of Ananda Residence, a residential project in the southern part of the capital near the border of Sector 4 and Ilfov, is progressing ahead of schedule. Developer Ananda Group announced that two of the buildings within the complex may be completed earlier than initially planned, with delivery expected in 2026.
Located on Biruinței Street in Popești-Leordeni, one of the area’s fastest-growing corridors, the project aims to balance construction quality, sustainability and accessibility. The development, which received its building permit in July 2025, has an average height of 2S + G + 4 + 5Er and is designed with both underground and surface parking to address growing demand in the area.
According to Attila Ivacson, CEO of Ananda Group, the company intends to maintain a faster construction pace while improving build quality. “Our goal is to deliver a higher standard for structural performance, thermal comfort and finishing quality,” he said. As of October 2025, reinforced-concrete work on two of the buildings has reached upper-floor levels, marking a significant milestone for the project’s second phase.
The new phase introduces energy-efficient measures in response to rising electricity costs and the shift toward sustainable urban housing. Photovoltaic panels will be installed to reduce maintenance expenses, while electric-vehicle charging stations will support future mobility needs. The project also includes over 30 percent of its site area as landscaped green space, in line with the latest sustainability requirements.
To address the chronic shortage of parking in Popești-Leordeni, Ananda Residence II will include dedicated spaces for each apartment, ensuring that pedestrian zones and green areas remain unobstructed. The complex’s proximity to the M2 Metro line and several commercial and wellness facilities positions it as a practical housing option for residents working in central Bucharest.
From an investment perspective, the developer highlights both affordability and long-term potential. Pre-sales are currently under way, with prices starting from €55,900 + VAT and an average rate of €1,275 per sqm, notably below the €2,333 per sqm average for new apartments in the capital as of September 2025. Buyers can access discounts of up to 7 percent for full payment.
Ananda Group reports that previous projects in its portfolio have appreciated by over 40 percent within two years, with average rental yields above 6 percent per year. The company’s strategy for Ananda Residence II combines that investment logic with a focus on long-term livability—prioritising energy efficiency, accessible pricing and infrastructure suited to a growing metropolitan edge.
