Kanal Istanbul Blows Land Prices

channel istanbul
channel istanbul

Kanal Istanbul flew land prices: Land prices on the Kanal Istanbul route increased 2 to 4 times. The mega project of Canal Istanbul in Turkey, New Airport Project and 3rd Bosphorus Bridge, which is under construction with the link road in North Marmara Motorway assessing the integrated transport network that provides Project EVA Real Estate Appraisal, Channel Istanbul geometric last one year, land prices in the itinerary determines that it has increased.

EVA Real Estate Appraisal Deputy General Manager Zuhal Balsarı said that the Kanal Istanbul project, which is planned to be implemented on the European side of Istanbul, is an artificial water channel project of approximately 43 kilometers between the Black Sea and the Marmara Sea, with a width of 400 meters and a depth of 25 meters, designed to allow large ships to pass. He states that Kanal Istanbul is planned to be tendered by the end of the year.

Stating that at the point where Kanal Istanbul, a mega project, meets the Marmara Sea, one of the two new cities is planned to be established by 2023, Balsarı notes that the Istanbul Strait will be completely closed to the tanker traffic with the canal and a new island will be created with two new peninsulas in Istanbul.

TWO cities will be established

Balsari stated that environmental sensitivity is being kept at high level while the legal arrangements are being made for Kanal Istanbul and it is planned that two cities with a population of 500 will be built within the scope of the project. In the project discussed in two parts, the channel and around the city to be formed separately, the congress, festival, fair, hotel, sports facilities, the channel is planned to be operated in conjunction with Channel Istanbul Balsari, six bridges above the channel to be built, the buildings around the channel will be designed for up to six it is envisaged to be built as a floor.


Balsarı, Channel Istanbul project, the project process is clear as the route of the transition route Küçükçekmece - Başakşehir - Arnavutköy line of land prices in the last year, an increase of two to four times, he says. Balsarı says that the Ministry of Environment and Urbanization declared the reserve areas of Küçüktepe, Altıntepe and Başakşehir, which are located between Küçükçekmece Lake and Sazlıdere Dam.

Regarding the development of the region in the near future, Balsarı says: yeni New investments in transportation will make the region more attractive. New Airport Project and 3. The North Marmara Motorway Project, which is under construction by the Bosphorus Bridge, is an important project in this region. In Bahçeşehir, Esenyurt, Başakşehir, Küçükçekmece and Arnavutköy, new projects and the number of houses purchased are increasing day by day. Investors' demand for Bolluca, Haraççı, Boğazköy, Boyalık, Yeniköy and Taşoluk districts of the district of Arnavutköy and Kayabaşı, Bahçeşehir and Ziya Gökalp districts of the district of Başakşehir are increasing. Especially Kayabaşı is expected to become the new settlement center of Istanbul with the Canal Istanbul Project. 3. With the completion of the airport, a metro network that will reach every part of Istanbul will create a serious potential in this region. However, the North Marmara Motorway has been completed except for the bridge connections. Exits were given from Tayakadın and Bolluca to the Northern Marmara Motorway. ”

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