The 1,892 residences built for the low and middle income group in Istanbul Kayaşehir by neighborhood concept will find their owners on 4 October by way of lottery. In this context, people will be able to apply until 20 September.
TOKİ Chairman Ergun Turan said that they want to make a homeowner a citizen who has a low income and no residence, and he said “Our houses are budgeted with minimum cost to appeal to the needs and purchasing power of different sectors and our citizens can apply for housing between 144 thousand liras and 477 thousand liras “he explained.
Who can apply?
Turan emphasized the need to “not have any housing” to apply for the projects, and said applicants would be evaluated in three categories. Turan, said: “These categories include martyr families, war and duty widows, widows and orphans, at least 40 percent of disabled citizens and other potential buyers, applicants must be citizens of the Republic of Turkey and must be registered in Istanbul no later than December 31, 2015.
In addition, the fact that there is no independent real estate registered to the tapestry belonging to the children, their husbands or children under their custody must have not bought houses from TOKI, have not used housing loans, have completed 18 years of age and have documented all these. Applicants will be able to apply for only one of the residential types within the scope of the projects we are selling. ”
The sales of the houses can be made with options of 25 percent down payment and 120 month maturity and 40 percent down payment and 144 month maturity options. The sale price of the houses will start from 144 thousand 755 liras, the lowest installment will be 603 liras per month.