Lottery Held for Urban Transformation Project in Pendik and New Announcements Made

The lottery for 2,028 independent units completed in the first phase of the Orta and Dumlupınar Neighborhoods Urban Transformation Project in Pendik, Istanbul, was held with the participation of the Minister of Environment, Urbanization and Climate Change, Murat Kurum.

The lottery for 2,028 independent units completed in the first phase of the Orta and Dumlupınar Neighborhoods Urban Transformation Project in Pendik, Istanbul, was held at the Yunus Emre Culture and Art Center. The ceremony was attended by the Minister of Environment, Urbanization and Climate Change Murat Kurum, Istanbul Governor Davut Gül, AK Party Istanbul Provincial Chairman Abdullah Özdemir, Pendik Mayor Ahmet Cin, and citizens. The lottery was held for a total of 2,028 independent units, consisting of 1,747 residences and 281 workplaces located in 45 blocks.

In his speech at the ceremony, Minister Murat Kurum stated that the private properties in the 23,000-square-meter Burla Biraderler Grove in Batı Neighborhood have been expropriated, their title deed registrations have been completed, and this area will be transformed into the Pendik Central Public Garden (Millet Bahçesi). Additionally, it was announced that the duration of the 'Yarısı Bizden' campaign has been extended until December 31, 2027. It was noted that with the increase of the discount due to delays in the Pendik project to 60 percent, the average debt amount of 2.5 million liras has dropped to 1.9 million liras, and the debts will be paid in monthly installments of 10,000 liras over a 180-month term.