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News
Tuesday 18 June 2024
Recently, President of the Republic of Turkey, Recep Tayyip Erdoğan, shared impressive statistics: over the past 20 years, the Housing Development Administration of Turkey (TOKİ) has constructed more than 1.3 million buildings. This achievement is particularly noteworthy, given that the buildings constructed by TOKİ withstood the devastating earthquake of February 6, 2023. It is important to note that over 90% of the buildings that collapsed during the earthquake were built to standards that existed before 1999 and did not meet current requirements.
Since 2003, TOKİ has built more than 1.351 million buildings. These are not just apartments but full-fledged structures, highlighting the scale and significance of their work. As part of the urban transformation program, over 3.3 million apartments have been successfully completed across the country.
Every month, and sometimes even every week, TOKİ launches new projects and initiatives. Subsidized projects have been launched in at least seven provinces to provide housing for the most disadvantaged citizens. For example, nearly seven hundred residences will be allocated to those in need in Gaziosmanpaşa.
We closely follow TOKİ's achievements and initiatives with great interest and respect. Their contribution to urban infrastructure development and providing housing for Turkish citizens is invaluable. Building safe and high-quality homes that are resilient to natural disasters is a crucial aspect of ensuring the safety and well-being of citizens.
If you are interested in purchasing real estate built to modern standards and in compliance with all necessary safety regulations, we are ready to provide you with professional advice and assistance in selecting the best option. Contact us to learn more about available projects and opportunities in the Turkish real estate market.
We are here to help you find reliable and comfortable housing that meets your needs and expectations. BARNES Türkiye is always looking out for your interests in the real estate world.
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