Istanbul
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Minister of Transport and Infrastructure Adil Karaismayiloglu recently clarified information on the Basaksehir-Kayashehir metro line under construction, the opening of which is eagerly awaited by residents of several Istanbul districts at once. There will be four stations on this line with a total length of 6.2 km: Onurkent, City Hospital,...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our traditional digest for the week. The provinces that were leading in terms of transactions in March became known. Istanbul and its susceptibility to tremors also remain in the focus of attention: given the overpopulation of the metropolis, it...
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The boutique residential project Mavera Boutique, implemented thanks to the efforts of Makro Inşaat, is considered one of the most attractive in this part of Istanbul. Mavera Boutique is being built in Basaksehir, on the European side of the metropolis. There are only spacious residences: 4 + 1 and 4.5 +1. The total area of the apartments...
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The Office of Mass Housing Construction (TOKI) announced the imminent launch of ten of its new projects in Istanbul, for a total of five and a half thousand residences (to be precise - 5497 lots). Tenders for all ten projects will be held in May 2023. Modern residential complexes will appear in Gaziosmanpasha, Maltepe, Arnavutkey, Tuzla...
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Minister of Environment, Urban Development and Climate Change Murat Kurum said that the largest park in Turkey will receive its first visitors very soon: only a few days remain before the completion of work on the national park on the territory of the former Ataturk airport, which thus received a "rebirth". President Recep Tayyip Erdogan...
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The issue of the fastest urban transformation of the Turkish metropolis has again come to the fore. AIDER President Melih Tavukcuoglu stressed that Istanbul can really be "renovated" - we mean, first of all, in the sense of providing absolutely all its residents with safe and earthquake-resistant housing - in 10-20 years. But only on condition that...
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The Office of Mass Housing Construction (TOKI), in partnership with the Ministry of Environment, Urbanization and Climate Change, continues to bring new projects to the market. Recently, a tender was held for a project in Tuzla: Istanbul Tuzla 2023. Moreover, this is reportedly one of the most anticipated complexes from TOKI. According to...
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We present the most significant news events of the construction and residential real estate market in Turkey for the first week of April. The most important, undoubtedly, is that the draft law banning the sale of housing to foreigners in Turkey, put forward by the opposition, was rejected. So potential investors have nothing to fear at the...
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In some areas of the largest Turkish metropolis, an apartment is now more expensive than a detached house in the United States. For example, a similar situation is observed in Bagdzhylar. This was reported by the Emlakkulisi portal, referring to the data received from the Chief Secretary of the Istanbul Municipality (IBB). The municipality...
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Important financial structures and corporations in Turkey are preparing to move their headquarters from Istanbul to Ankara, Turkish media write. This is explained by the desire to minimize risks due to the possibility of an earthquake, which is higher in the largest metropolis of the country than in the capital. The headquarters of...
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