The President announced the expropriation of new real estate

The President announced the expropriation of new real estate

Recep Tayyip Erdogan announced the seizure of a number of real estate objects in five provinces. The corresponding resolution authorizing the urgent expropriation of real estate has been published in the media. 

 

But homeowners don't have to worry: we are talking mainly about industrial facilities. Thus, part of the real estate in Balykesir will be seized to facilitate the implementation of the Balykesir North-Western Ring Road project; this will be handled by the local municipality. 

 

Something else will be transferred from hand to hand in order to accelerate the construction of the Konya-Beishehir gas pipeline project, a wind farm in the Mut (Mersin) area, a transformer center project in Sanliurfa; certain changes will also affect the mining project in Yozgat.

 

This is not the first idea of real estate transformation for optimization purposes: for example, a few months ago in Turkey, unclaimed offices were massively converted into apartments.

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