Real Estate

1,100 houses are delivered in the New Fikirtepe project

Urban transformation knots are being unraveled one by one in Fikirtepe. The Ministry of Environment and Urbanization pressed the button for all unfinished constructions. The construction of the project, which consists of 1,100 residences in 5 blocks, has been completed. Deliveries are beginning.

The 10-year knot is unraveling in Fikirtepe, the pilot region of urban transformation. At the end of last year, the Ministry of Environment and Urbanization rolled up its sleeves to complete the projects left unfinished by the contractors in the region. With the Ministry’s ‘New Fikirtepe project’, the solution process for all unfinished constructions in the region started, and the first of the projects taken over from companies experiencing financial difficulties in 2018 has reached the delivery stage. The houses will be delivered to the beneficiaries in the project, where approximately 1,100 houses have been constructed this month.

TRANSFERRED IN 2018

In 2018, Vartas building block was taken over by the Ministry of Environment and Urbanization to complete the unfinished constructions in Fikirtepe, the pilot urban transformation zone of Istanbul, due to financial difficulties. In May 2018, Kiptas opened a tender for the construction of the project known as ‘Vartas-1’, located on plots 286, block 3415, parcel 9, for which the financing support was provided by the Ministry of Environment and Urbanization. Offering ₺383 million 488 thousand including VAT for the project to be realized on an area of 182 thousand 198 square meters, Torkam Insaat won the tender and started construction.

TWO STORES HAVE BEEN TRANSFORMED INTO OFFICES

According to the information received, the construction of this project has been completed. All of the approximately 1,100 residences in 5 blocks have been completed, the temporary admission procedures have come to the stage of completion and the preparations for their delivery to the citizens have begun. In order for deliveries to be made this month, the ministry determined two shops as offices within the project. The Ministry will carry out the delivery of their residences to the beneficiaries from these offices.

CONTRACTS ARE SIGNED

The Ministry of Environment and Urbanization stepped in and started the process for unfinished projects in Fikirtepe. Rapid steps are being taken to start the New Fikirtepe Project, which will directly concern 60 thousand people and have a value of ₺8 billion. In this context, the contract for Istanbul Fikirtepe Urban Transformation Project 3468/1 Parcel Construction Work, which was tendered by Emlak Konut GYO on behalf of the ministry, was signed with the contractor Kibritci Insaat on 28 July. The contract value was ₺187 million 434 thousand excluding VAT. The contract for the ‘3455/1 Parcel Construction Work’ was signed with the contractor Torkam Insaat on July 5th. The contract value was determined as ₺133 million 900 thousand, excluding VAT. In addition, the contract for Istanbul Fikirtepe Urban Design Project 3419/1 Parcel Construction Work was signed with the contractor Siyahkalem on 3 June. The contract value was ₺198 million 480 thousand + VAT.

DELIVERY IN 2023

After the completion of the construction work in the new Fikirtepe project, it is planned to start deliveries in 2023. The houses of the right holders will be distributed upon the determination of the CMB licensed institutions. Ministry officials stated that the evacuation of risky structures in the region will be carried out by 1.10.2021 at the latest, and that infrastructure services will be cut for those who do not, and that construction will begin immediately after the evacuation.

RENTAL AID OF ₺1.500 PER MONTH

Citizens who evacuate their homes will receive rental assistance every month until they buy their new home, provided that it does not exceed 48 months. While the monthly rental assistance determined for transformation projects in Istanbul is ₺1,150, this will be ₺1,500 for Fikirtepe. Residents will be able to receive rent assistance up to 5 times (₺7 thousand 500) of the monthly rental amount determined by the ministry, and tenants can receive rent assistance twice as much (₺3 thousand). In order for the beneficiaries to receive the rental assistance in advance, the residence condition will be sought and the next rental fee will be paid in the following months.

Source: Sabah / Translated by Irem Yildiz

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