• Citizens who did not have a home in Istanbul before could own a home with easy payment terms over a long time.
  
• Applicants who meet the requirements will be able to become homeowners of the project they are entitled to, with a down payment of 20 per cent, a maturity of 120 months, and instalments starting from 7,500 TL.
  
• Payment will be made to Emlak Konut via their payment system.
  
• The residence must be in Istanbul, with no house registered with the family.
  
• The title deed has yet to be transferred in Istanbul in the past year.
  
• Citizens who own a home by inheritance can apply if they have less than 50% of the shares.
  

Applications for the new city project in Arnavutköy are received via the link: www.emlakkont.com.tr until June 2.

There is no application fee. Any citizen of Turkey over 18 who resides in Istanbul and buys his first home can benefit from the campaign.

• Based on the total number of housing in the project, a 5% quota will be allocated for disabled citizens, 5% for martyrs and veterans, and 20% for youth. The youth category covers the age group of 18-30.
  
• For citizens who own a home from the lottery, the sale will not occur for five years.
  
• At least 20% of the accommodation price will be paid in advance. Citizens can increase their down payment rate if they want to.
  
• The first-year instalments will be 15.000 TL for 3 + 1 apartments, 10.000 TL for 2 + 1 apartments and 7.500 TL for 1 + 1 apartments.
  

• The person applying for the campaign must not have sold a house in Istanbul in the past year.
  
• People who want to participate in the campaign must not have a continuous sale contract to purchase housing in Emlak Konut and TOKİ and must not have transferred the contract within the past year.
  
• If there is a residence for one of the spouses, he will not be able to benefit from the campaign. However, if a son over 18 in the family does not have a residence in his name, he can apply in the youth category.
  
• After applying by choosing any category and type of apartment, if a change is desired with another category or type of apartment, changes can be made online until the end of business hours on June 2, 2023.
  
• To apply for the campaign under the disabled category, the person must be 40% disabled. Parents who have a disabled child under the age of 18 will be able to apply on their behalf under the special needs category.
  

THY and Emlak Konut Yenişehir Evleri Arnavutköy project applications have finished the new city project in Arnavutköy, which will be built on an area of approximately 131,000,000 square meters in Arnavutköy near Istanbul Airport which attracts great interest from citizens.

One of the most encouraging news for real estate investment in Istanbul in early 2023 was the news from the Istanbul Regional Directorate of Environment, Urbanization and Climate Change regarding the building permits for "ETAP 1", ETAP 2 and ETAP 3 in "Yenişehir" or the new city to which they belong, administratively for the Arnavutköy region in European Istanbul.

These licenses include 15 residential neighborhoods in the new city. These residential neighborhoods now belong to the municipalities of Arnavutköy and Basaksehir.

Neighborhoods of Arnavutköy:

• Yasorn
• Haraji
• Chillinger
• Bosnian Sally
• Hadim Koy
• Yeni Koy
• Tacholk
• Boylek
• Dorsun Koy
• Balkali
• Tayaka Caden
• Hajji Mashli

​Neighborhoods of Basaksehir:

• Shahin Tabeh
  
• Kaya Bashi
  
• Shamlar
  

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These approvals are usually given for lands to be built on. These approvals are granted after conducting a thorough examination that includes all safety standards for construction, especially in terms of resistance to natural disasters and earthquakes in populated and empty areas located on the ministerial approval map.

​Those aspects that are subject to scrutiny include:

• ​Create a map of the area.
  
• Providing data on the city and urban transformation projects.
• Provides rationale for expected harm mitigation plans.
• Mentioned the vast investments in the region's infrastructure (dams, tunnels, bridges, subways, etc.). And the development of related projects, engineering structures and insurance.
• Accurate database and organizational preparation of the area and its projects and plans.
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This permit comes after a series of decisions in recent years, including previous appeals to some keys and several routine procedures that delayed the issuance of this decision. This is an essential incentive for real estate investment in the new city of Arnavutköy in Istanbul within the largest infrastructure project in Turkey, the "New Istanbul Canal".

The range of new city projects in Arnavutköy will include new channels to attract thousands of investments and residents and offer high-quality real estate projects that meet modern housing and construction standards.

In this regard, the recently issued licenses indicate that the rise in real estate prices in the region will give foreign investors strong incentives to own land and real estate and start buying apartments and offices in the new city.

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This region looks like the Arnavutköy neighbourhood in European Istanbul. This region is distinguished by its borders with the areas of Esenler, Bakirkoy, Eyup, Kucukcekmece, Avcilar, Basaksehir, and Bagcilar.
It also surrounds both sides of the new Istanbul Canal, the vast project that falls within the Turkish government's vision for 2023.

The new city covers an area of about 25,000 hectares and is set to accommodate around 2.4 million residents according to the rules put in place to avoid overcrowding.

In addition, about 800,000 housing units are expected to be built in the new city, the buildings will not be taller than planned, and most of the buildings will remain six stories high.
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The new city will include lakes, ponds, and several botanical gardens covering about 5,000 hectares of green space.

It also includes various educational, health and recreational facilities, shopping centers, financial and commercial services, mosques, swimming pools, sports clubs, banking branches, government agencies and various service centers to ensure a safe and comfortable life for residents.
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The length of the railways in the region is about 200 km, dedicated to the metro and tram lines, and includes four bridges that form a highway with a length of 43 km.

In addition, the area will naturally be provided with an interconnected internal transportation network, which is already widely available in the areas included in the new city plan, providing easy access to the rest of the neighboring areas.

The traffic plan developed for the new city of Arnavutköy is expected to reduce congestion in Istanbul by 50-60% compared to the current congestion.

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In addition to the usual measures to allow the construction of modern buildings, 5,500 hectares of the new city's area will be designated for emergency and disaster housing, making it easily accessible in the event of earthquakes or any emergency incidents.
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