Home    Istanbul’s Largest Land Sale! Up To Half Of A County

Istanbul’s Largest Land Sale! Up To Half Of A County

With the size and value of 1 million 157 thousand sqm, Galatasaray Sportif AŞ., Which has been sold for a long time and the summer tender has been sold for a long time, the prices have increased in the area of ​​Riva. With the size of 4 million m2 and Galatasaray’s 4 times the size of the land of Riva, the desired figure for the land is at a level that will exude. For a land that is learned to belong to a mysterious business man who is not given an name, a figure over 3 billion liras is pronounced. When the size of the land is compared, it corresponds to the half of Güngören, the smallest town in Istanbul.

The former president of Galatasaray, Selahattin Beyazıt, bought the land in Riva for 100 thousand liras in 1971 on 15 June. Fema Construction and KLV Construction Partnership, which offered the highest bid of 1 million 157 thousand m2 of land, won with a bid of 3.1 billion liras, but after the tender, the Ministry of Environment and Urbanization moved to zoning change and the group of partnership, which won the auction with a loss of 50 thousand square meters of marketable space.

Yilmaz Construction Contracting and Trade Inc.’s bid was 3 billion 808 million liras total revenue and 952 million lira company share.
Galatasaray President Dursun Özbek explained that 950 villas will be built on the Riva project which they agreed on Emlak Konut. The project to be built within the framework of the Riva tender of Emlak Konut was designed with ecological and sustainable architecture approach. EKO-KÖY project, the total housing area is 869 thousand 522 square meters, while the project has 206 thousand 497 square meters of private forest area.

Real Estate Housing For the Eco-Village project, we will add certain items to the tender specifications for the village and nature experience to be found in this project. Construction is expected to start in 2018 and last for 3 years.

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