Festive tenders: Thousands of apartments on the way - Ma'ale Adumim in focus
Three real estate firms won ILA tenders for 1,100+ units, mostly in Ma'ale Adumim, which has seen little new construction, plus an extra project in Be'er Ya'akov.
Three real estate firms won ILA tenders for 1,100+ units, mostly in Ma'ale Adumim, which has seen little new construction, plus an extra project in Be'er Ya'akov.
At the "Financing Time" conference, construction leaders criticized interest rate policies, while a Bank of Israel official said there is a limit to flexibility.
A fourth master plan agreement between the Israel Land Authority and Kiryat Gat was signed, covering 21,000 new housing units and 700,000+ sqm of commercial and employment spaces.
Mediterranean Towers’ new Rehovot project, NIS with 400M investment, features 2 towers, 250 senior units, advanced health services, a semi-Olympic pool, and a chef’s restaurant.
The Southern District Committee reviews two projects: in Beersheba, complementary land saves an unprofitable D neighborhood renewal, while in Eilat, tens of millions in subsidies are needed.
The Israel Land Authority launches a tender in Ramat Trump, Golan Heights, offering dozens of plots free of land cost. Priority goes to reservists, people with disabilities, and local residents.
A Finance Ministry report shows thousands of Israeli homeowners rush to sell old homes due to heavy taxes, cutting prices. Where is the pressure highest?
While Tel Aviv falls to fifth, Jerusalem leads in new tower construction. Thousands of apartments are planned across neighborhoods in the urban renewal reshaping the capital.
Southern District Committee approved Ye'elim urban renewal: 216 new apartments replace 75 old, with commercial areas, public buildings, open spaces, and gov’t subsidies (Standard 21)
The Ministry of Construction’s renovation reform begins: higher financial limits, faster contractor promotions, and safety training aim to ease contractors’ work and benefit the public.
A CBS report for early 2025 shows most new private homes are built in small West Bank towns, while big cities build upward and the dream of a yard and driveway drifts farther from Israel’s center.