Kanal Istanbul investment route: Kanal Istanbul will bring movement to the real estate market since its route will be announced. But which regions will gain value?
The location of Kanal Istanbul, which President Tayyip Erdogan defined as 'Crazy Project', has not been announced yet, but land prices have peaked in places that are predicted to be on the route. In the project where Küçükçekmece, Başakşehir and Arnavutköy are 3 alternative regions, the most important reason for choosing this route is that almost 80 percent of the lands on the channel axis belong to the Treasury. Stating that the location of the project is not clear at the moment, they are carrying out studies and said, “We are investigating where the shortest route is the most suitable place. We are trying to determine the route that will be an alternative to the Bosphorus. ”
WHY THIS ROUTE
One of the most important reasons for choosing this route is that it will include Küçükçekmece Lake and Sazlıdere Dam. Sazlıdere Dam will be inside the canal. Küçükçekmece Lake, which gives a distress alarm due to pollution, will also be located in the channel. In addition, another important reason is that most of the lands on the channel axis belong to the treasury. Thus, the expropriation cost and other costs will be lower.
WHICH ARE GOING TO MARINE
The most important leg of the project, which is planned to be built with a depth of 25-30 meters and a width of 200 meters, will be expropriation and expropriation. In this case, the Altıntepe, Güvercintepe and Şahintepe neighborhoods of Başakşehir, which are located between Küçükçekmece Lake and Sazlıdere Dam, where the most impossible and illegal construction is the most intense, are expected to gain value. In fact, it is stated that the prices of the lands, which extend from Durusu, Haraççı, Bolluca to Tayakadın and then to the Black Sea, are already on the canal axis.