Turkey Launches Major Reforms to Curb Housing Price Manipulation and Improve Market Transparency

Turkey Launches Major Reforms to Curb Housing Price Manipulation and Improve Market Transparency

In an effort to combat price manipulation in the second-hand housing market, the Turkish government is implementing a series of digital and regulatory reforms. While the Ministry of Trade is monitoring property listings and real estate offices, the Ministry of Environment, Urbanization, and Climate Change is developing a nationwide system that will enable citizens to access accurate and up-to-date property values. The new platform, called the De…

The Ministry of Environment, Urbanization and Climate Change has launched a new social housing initiative to enable low-income citizens to own homes. With the project announced by Minister Murat Kurum, 250 thousand houses to be built in 81 provinces across Turkey will be made accessible to the public at affordable prices and with flexible payment options. So, when will applications begin for this giant social housing project to be implemented by…

Minister of Environment, Urbanization and Climate Change Murat Kurum

It concerns 5 million citizens! The Minister announced the good news! 'We will provide title deeds to our citizens waiting for title deeds' Minister of Environment, Urbanization and Climate Change Murat Kurum made a statement concerning 5 million citizens. Here are the details of the news...

Minister of Environment, Urbanization and Climate Change Murat Kurum: We are taking a step that our 5 million citizens are eagerly waiting for. With our land registry organization; we will not leave a single square meter of 2B area unregistered. We will complete the detection work in all areas that have lost their forest status by the end of this year. We will quickly identify the users of these areas and provide title deeds to our citizens who …