The three-storey Grand Istanbul Tunnel will increase real estate prices: With the construction of a three-story Istanbul Metro and Highway Bosphorus Crossing, real estate prices in the region will rise.
In order to find a solution to the traffic problem in Istanbul, where Istanbul Metropolitan Municipality (IBB) has nearly four million registered vehicles, Istanbul Metropolitan Municipality has developed various projects to model the cities of Madrid and Barcelona and move the vehicles underground. Six tunnels are planned to be built within the scope of the projects.
The new road, which will connect six tunnels with the "branch-exit" model, will pass through Büyükçekmece, Esenyurt, Avcılar, Küçükçekmece, Bahçelievler, Bayrampaşa, Kagithane and Sarıyer-Kilyos. Tunnels are planned to connect the TEM highway and the D-100 Highway.
300 THOUSAND VEHICLES
It is thought that a total of 23 thousand vehicles will be passed by 150 thousand per day from each of the tunnels for a total length of 300 kilometers. The total number of tunnels is expected to cost 2.5 billion liras. The six tunnels planned to connect will connect the TEM highway and the D-100 highway. The land and houses around the planned projects are evaluated.
BÜYÜKÇEKMECE AND BEYLİKDÜZÜ
The prices of new housing units in Büyükçekmece and Beylikdüzü area are around 3 and 4 thousand TL. In the Esenyurt region, the sales prices of new housing units are in the range of 2 thousand 500 to 3 thousand 500 in square meters and in the Bahçeşehir-Ispartakule section in the range of 4 to 5 thousand TL.
ISPARTAKULE EVALUATION
Mecidiyeköy-Mahmutbey metro line, which is currently under construction and is planned to be operational by 2017 at the latest, in Mahmutbey Halkalı- It will merge with the Bosporus line. When the last subway project of 2019, Mahmutbey-Bahçeşehir subway line, is completed, the region will be further appraised as the journey time between the two districts reaches 19 minutes.
AVCILAR RING AND ATAKENT WILL BE ASSESSED
The metrobus, which passed through Avcılar, caused the region to become more valuable. It is stated that sales prices on a square meter basis in newly built residences in the region vary between 3 and 500 liras.
Halkalı When the region is included in the average housing unit prices in the new housing in square meters of 3 500 5 thousand pounds is said to be around.
VILLA PROJECTS HAVE INCREASED IN KİLYOS AND ZEKERİYAKÖY
Prices per square meter in the new housing projects in Bahçelievler and Bakırköy reach 10 thousand liras. The square meter prices of old houses in both regions range from 5 to 6 thousand pounds.
Villa projects in Kilyos and Zekeriyaköy accelerated. In the region, where the number of qualified houses has been increasing day by day, it has been announced that the average square meter prices in brand projects are around 2 to 800 thousand dollars.