Local committees can now simultaneously approve building permits with plans. Anticipated impact: easing 'bottleneck,' cutting urban renewal construction timelines
The capital of Israel continues to thrive as construction reaches unprecedented levels, demonstrating its commitment to progress and growth.
The Israel Land Authority greenlights a 5,800-unit project in the southern city's new district, part of a larger plan for 12,000 homes, along with public, commercial, and employment areas.
Over 63,000 new apartments still unsold, with most in Tel Aviv and the center. Which city had highest sales between Sep and Nov?
Time to buy apartments? Bank of Israel reduces interest rates by 0.25%: Small decrease, but could signify a trend reversal
Discover a unique residential project infusing prestige and wellness in the city center. The perfect blend of modernity and history.
The Treasury's program to revive periphery demand includes discounts on new apartments, subsidies for veterans, exploring foreign contractors, and government-guaranteed loans for struggling builders.
Israel Land Authority: Out of around 93,500 apartments marketed to developers in 2023, only approximately 60,000 transactions were completed, a decrease of more than 33,000 compared to 2022.
The BOI offers temporary relief to borrowers, allowing them to increase their mortgage for debt relief or Merkhav Mugan (protected space) construction in old apartments.
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