West Group announces the launch of a transparency package, in fact a set of criteria and key documents, easy to verify by buyers and financiers, and the implementation of an internal standard for payment traceability for residential projects currently for sale, in line with the provisions of Law no. 207/2025, published in the Official Gazette no. 1133/December 8, 2025.
“Law 207/2025 clarifies expectations in the market and creates a common language for authorities, buyers and banks. We go one step further and standardize, publicly, what a buyer or a financier should be able to verify quickly at any time: documents, stages, payments and delivery milestones. The objective is simple: more trust and more efficient financing of solid projects”, said Dan Crăciunescu, founder of West Group.
The initiative comes at a time when the supply of new homes in Bucharest–Ilfov remains under pressure: nearly 17,000 homes were completed in 2024 in the region (−19.3% vs. 2023), and in 2025 the level of deliveries was with only 1,000 units above that of the previous year, according to the information available at this moment. In the context of a solid and solvent demand that characterizes the residential segment in Bucharest-Ilfov, the new legal regulations represent differentiating factors in the market.
What the West Group Transparency Package includes
The package introduces a unified internal standard for communication, documentation and financial flows, so that clients and financiers have better visibility over the project and the stages until delivery:
- Structured and predictable payments, correlated with clearly defined stages and documents, for a safer and easier-to-track purchase experience.
- Operational traceability of project-related receipts, so that financial flows are aligned with development and delivery (within the limits of the legal and contractual framework).
- Standardized documentation for buyers (technical milestones, estimated timeline, set of key updates), for comparability and informed decision-making.
- Periodic updates on the project status, with execution milestones and next steps, to reduce uncertainty and increase trust.
West Group believes that the consistent implementation of the legal framework and transparency practices generates direct benefits for all involved parties:
- For authorities: a system that is easier to track and standardize, with clearer and more efficient compliance in the market.
- For clients: increased clarity regarding stages, documents and purchase conditions, with a more robust protection framework.
- For banks/financiers: projects with better governance and financial discipline, which can support responsible financing and reduce friction in analysis.
West Group reaffirms that its projects are aligned with applicable requirements and assumes an active role in the professionalization of the residential market in Romania, through working standards that support transparency, predictability and fair collaboration with all relevant parties.
