Bigger Buildings In Budapest Ahead

  • 29 Jun 2018 8:28 AM
  • Hungary Around the Clock
Bigger Buildings In Budapest Ahead
Parliament’s legislative committee modified the bill on tall buildings on Thursday, raising the maximum permitted height of office or residential buildings from 65 metres to 90.

Exceptions may be granted for projects declared by the government to be important for the national economy.

The committee was in reality making a decision about the planned MOL headquarters building in Budapest’s 11th District, claimed committee deputy chairwoman Enikő Hegedűs of Jobbik.

Setting a maximum height has no real meaning if the government can override it at any time, Hegedűs argued.

Earlier reports said that the MOL structure planned for the Kopaszi gát riverside area in Buda will be 120 metres high.

It was reported on Tuesday that property developer GTC Hungary will build a 90-metre office tower at the corner of Váci út and Róbert Károly körút in the 13th District.

Related links

Budapest’s First Skyscraper Granted Permit

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit and click on 'Free Trial Subscription’.

Explore More Reports

  • Budapest’s First Skyscraper Granted Permit

    Budapest’s First Skyscraper Granted Permit

    • 29 Jun 2018 9:06 AM

    International office developer GTC Hungary has received the building permit for its new project, The Twist – Budapest City Tower. Rising over 23 floors, The Twist will be one of Budapest’s tallest office skyscrapers with 37,000 square meters of leasable offices.

  • Reviving Property Market Seems To Boost Váci Corridor

    Reviving Property Market Seems To Boost Váci Corridor

    • 30 Mar 2017 9:12 AM

    Budapest’s District 13 has seen a boost in investor sentiment lately, as more than 120,000 square meters of new office space are currently being developed while several projects are waiting to be launched, Ferenc Furulyás, CEO of real estate services firm JLL Hungary, said last week at an event focusing on the Váci Corridor area of the capital.