Real estate

  • The size of the quota for social housing for young people became known

    The Department of Mass Housing Construction (TOKI), which plans to provide cheap housing to needy residents in 81 provinces at once, continues to talk about the nuances of providing a roof over their heads to certain categories of socially unprotected citizens.  The key points should be announced today, September 13, 2022, by the President of...

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  • Batiyak's project in Istanbul has come into focus

    One of the projects in the Kartal district of Istanbul – Batıyakası – has become a residential complex, which is increasingly being popular. The developer is the company Yıldızlar Inşaat; the project attracts attention, firstly, by its location - Batiyak is located very close to some key locations of the largest Istanbul metropolis – and secondly,...

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  • Construction of Taksim 360 in Istanbul is in full swing

    Details of the construction of an innovative residential project called Taksim 360, located in Istanbul, have become known.   Located in close proximity to one of the centers of the metropolis, Taksim 360 is located just 250 meters from the square of the same name (Taksim) and about 500 meters from key locations such as Galata and the Golden...

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  • Galatasaray Football Club has turned into an «investor»

    The Head of one of the key Turkish football clubs Galatasaray, Dursun Ozbek, spoke about the launch of the Kemerburgaz project on a land plot owned by the club. Having made a brief official statement about the upcoming projects and investments of Galatasaray in the real estate sector, which play a significant role in the payments of the club...

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  • Real estate will be built on the empty territory of Ankara University

    The Office of Mass Housing Construction TOKI proposed to erect houses on unused land belonging to the University of Ankara (ODTÜ), as it's empty anyway.   The unoccupied meters are located within the boundaries of the campus, between the university building itself and the forest, and there are quite a lot of them.   Thus, it is...

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  • The poor will receive 0.2 million for housing

    The authorities of the Republic of Turkey announced financial assistance to those who do not have their own housing and decided to build their own house. They will be able to count on a grant of 0.2 million Turkish liras (200,000 TL).  Cash payments will be issued in the form of grants. However, there is a condition: only those who agree to...

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  • Real estate in Turkey: the main news of the past week – August 27-September 2

    A selection of the most relevant events of the real estate market of the Republic of Turkey for the week is in the traditional digest of news from Turk Estate.   Just a few days ago, analysts will begin to summarize the results of the summer; the last days of it are marked by a large number of informational occasions concerning the social...

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  • A new complex for 161 residences will appear in Izmir

    The next affordable social housing project was announced by the TOKI Department of Mass Housing Construction in Izmir (recall that standard prices in the province are quite high: the average cost of Izmir housing is from half a million Turkish lira and above).   The complex will appear in Bayyndyr district, Yenige quarter. The tender for the...

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  • The construction cost index rose by 3.5%

    Analysts announced the data of the Construction Cost Index for June 2022 (data are received more than a month late, due to the complexity of data collection and accounting).   The Emlaksayfasi portal reported that in June 2022, the construction cost index increased by 3.47% compared to the previous month and by 106.87% compared to the same...

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  • Turkey expects to sign contracts worth $75 billion

    President of the Republic of Turkey Recep Tayyip Erdogan has officially announced that the country's goal in the near future is to receive $75 billion in the contracting sector. In the sense of signing projects abroad for this amount, writes Emlakkulisi.   The President announced ambitious plans at the awards ceremony for achievements in the...

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