israel real estate

Urban renewal: Potential for 16,000 new apartments in this city

The Central District Committee will discuss replacing TAMA 38 in Rishon LeZion, allowing for 16,000 new apartments citywide. The plan includes earthquake reinforcements and gradual urban renewal.

A year later: Sharp increase in apartment purchases in July

A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.

By LIAD VAKNISH
12/09/2024

The first urban renewal project without financial assistance in Nof HaGalil

Exciting update from Nof HaGalil: An urban renewal plan for 950 housing units has been approved and is financially viable, requiring no additional funding.

The crown jewel – a boutique hotel and residential complex in Talbiya

3 private residential buildings of 4 floors, each overlooking breathtaking views of South Jerusalem. At the helm of this project are the Hasid Brothers, a family company.

Sponsored 29/07/2024

Over NIS 1 Billion: Y.H. Dimri buys Hanan Mor's Sde Dov land

Y.H. Dimri buys Sde Dov land for NIS 1.1 billion, with construction costing an additional 1.04 billion. The project will include 458 residential units and commercial and hotel spaces.

Rakafot Neighborhood in Beersheba flourishes: 682 apartments successfully marketed

Be'er Sheva Municipality celebrates a major success in marketing lands in the new Rakafot neighborhood. Mayor Ruvik Danilovich: "The success of the plots proves the trust of developers in the city."

State Comptroller: Betterment levies deemed 'successful' by local authorities

Billions at Our Expense: Do you feel the betterment levy you were charged is too high? You're probably right. The State Comptroller found that in 95% of cases, the charge was reduced by a third.

Filling in the gaps: How many foreign workers landed in Israel last week?

The Population and Immigration Authority reports progress in recruiting foreign workers for the construction industry, facing a severe shortage since October 7. About 2,000 arrived last week.

Rishon LeZion and Bat Yam: Cities announced for discount apartment raffle

The Construction and Housing Ministry reveals the cities for the upcoming apartment lottery, opening Monday. A quarter of the apartments are for the ultra-Orthodox, with priority for reservists.

For approximately NIS 145 Million: Companies to Build 94 Apartments in Herzliya Studios

The Israel Land Authority reports tender for 94 Herzliya Studios apartments is complete, planning a 350-housing neighborhood. Offer: NIS 20M above minimum but the appraised value.

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