Transportation projects increased real estate prices

Transportation projects have increased real estate prices: Transportation projects, which all Istanbulites have been eagerly awaiting, have increased the value of the regions on their route.
The construction of the Eurasia Tunnel with the Third Bosphorus Bridge, which is expected to relieve traffic in Istanbul, continues at full speed, while real estate prices continue to increase on the route of the projects. So, which regions in the direction of the project will stand out in terms of investment? Real estate experts asked this question, “Bakırköy, İncirli and Bahçelievler on the Rumeli side, Göztepe, Acıbadem and on the Anatolian side. Kadıköy their districts will be the regions that will stand out in terms of investment. ” On the other hand, it is stated by real estate experts that the prices of first and second hand housing in the districts that will be affected by the 3-storey Istanbul Metro and Highway Bosphorus Crossing Project have increased by 25 to 200 thousand TL in the last six months.
“RESIDENCES MAKE 30 PERCENT PREMIUM”
According to the news of Para Magazine; Hakan Erilkun, the General Manager of Altın Emlak, listed the regions that will come to the fore: “İncirli environment will stand out in terms of investment both as Bakırköy and Bahçelievler on the railway side. This region will be the intersection of the railway after the intersection of the metro and metrobus. On the Söğütlüçeşme side, Göztepe, Acıbadem and Kadıköy among the regions that can benefit from this train line. On the transition route, Zeytinburnu, Cevizlivineyard, Edirnekapı, Sütlüce, Perpa, Çağlayan, Mecidiyeköy, Gayrettepe, Küçüksu, Altunizade, Ünalan, Söğütlüçeşme regions will be the regions with premium potential. The supply of land in these regions is very limited. However, with the realization of this project, we expect a 30 percent premium for the real estate market and 20 percent for the office market.
“PRICES ON THE ROUTE MAY INCREASE”
Keller Williams Country Director for Turkey Emre Erol, "Eyup, projects developed in Umraniye line, Bakırköy, Beşiktaş, Beyoğlu, Fatih, Eyup, Sisli, Zeytinburnu, KadıköyCovers the Üsküdar District. Both highway and metro projects come to the fore within the scope of the 3-storey Istanbul Metro and Highway Bosphorus Crossing Project. Prices increase in regions valued by new projects. İncirli, Zeytinburnu, on the European Side Cevizliprices are expected to rise on the route that includes the vineyard, Topkapı, Vatan, Edirnekapı, Sütlüce, Perpa, Çağlayan, Mecidiyeköy, Gayrettepe, and Küçüksu, Altunizade, Ünalan and Söğütlüçeşme on the Anatolian side. ”

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