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According to a bill filed in parliament on Tuesday, state property manager NET will sell back homes to foreign-currency debtors from whom it had purchased the properties when they went bankrupt.
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Index.hu announces the final results of the international architectural design competition launched in Hungary to select the best plan for a new bridge constructed over the Danube that fits into the image of Budapest and significantly reduces traffic congestion in the capital.
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The risk of overvaluation on the home market in Budapest has increased, the National Bank of Hungary (NBH) said in a biannual report.
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Luxembourg-based, Czech-owned real estate developer CPI Property Group today unveiled its new plans and projects at the international retail property trade show MAPIC in Cannes, France, including refurbishment of the Campona shopping center in Budapest.
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Completion of the Paks II project, the expansion of Hungaryʼs Paks Nuclear Power Plant, may be postponed until 2032, instead of the official 2026-27 deadline, according to a report by Hungarian daily newspaper Népszava.
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Output of Hungary’s construction sector climbed 25.8% year-on-year in September, data released by the Central Statistical Office (KSH) show.
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