Giant contract for residences overlooking the Istanbul Canal
Social housing consisting of 12,585 residences and 450 commercial areas is planned to be built on a total of 1 million square meters of land in Arnavutköy Dursunköy, half of which is owned by Emlak Konut GYO and THY Airport Real Estate Investment Trust.
A population of 42,500 will live in the area of the Kanal Istanbul road, where 528 8-storey blocks will be built.
2 BILLION 157 MILLION CONTRACTS
The “1st Stage” of the housing project, for which the EIA process began. On May 17, 2023, UNTD İnşaat A.Ş. After the contract of 3 thousand 488 million 800 thousand TL signed with the company, the result of the bidding for a new stage was announced.
Emlak Konut GYO made a statement to the Public Disclosure Platform on May 26, “2. announced that a contract worth TL 2.157 million has been signed with the joint venture of Antaş Infrastructure and Gökyol İnşaat for the work of “Phase 1 Construction”.
WHAT HAPPENED?
President Recep Tayyip Erdoğan announced that a residence will be built in Dursunköy, Arnavutköy, on the Kanal Istanbul route, for the employees of the third airport in 2018, in cooperation with Emlak Konut GYO and THY. In the project, which has been on the agenda since 2018, it was planned to build 14,000 homes in stages and sell at least 3,000 of them to THY employees by lottery.