Real Estate

₺500 million real estate project from Vakif GYO

Vakifbank and the Housing Development Administration (TOKI) subsidiary Vakif GYO put the Tablo Adalar project, developed in Maltepe, Istanbul, for sale, with an investment value of ₺500 million. The main contractor of the project, which has a total of 15 thousand 264 square meters of land and 67 thousand 861 square meters of construction area, is Ronesans REC International Construction. In Tablo Adalar, which consists of 316 residences in 2 blocks, square meter prices start from ₺16 thousand.


Vakif GYO General Manager Onur Incehasan said, “We are planning 2022 as a leap year for our company.” Reminding that they put the Cubes Ankara project for sale in Ankara in October this year, Incehesan said, “Today, we are also offering our new investment Tablo Adalar for sale in Istanbul. In our mixed-use project in Izmir, sales will start in the first quarter of 2022. We are planning the last quarter of 2022 for our new project, which we will develop on our land in Sancaktepe, Istanbul.”


Indicating that they paid attention to three things while developing a new project, Incehasan said, “The first is to add value to the region, the second is to respond to the needs of the city and our customers, and the third and most importantly is to contribute to both economic and environmental sustainability. In this sense, I can already say that our Tablo Adalar investment will be an exemplary project that adds economic and vital value to Istanbul.”


Indicating that they received 1,461 requests for the project in 2 weeks, Incehasan said, “We will complete the sales in a short time. We planned to deliver the houses in December 2023. The project is in the center of the Anatolian Side, in Maltepe Zumrutevler. It also has great potential in terms of ease of transportation and investment value.”

Source: Sabah / Translated by Irem Yildiz

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