Urban Transformation Projects and Flats in Istanbul (2)
Urban Transformation Projects and Flats in Istanbul .
If the process of “Urban transformation”, which is one of the most significant topics of the Turkish real estate is managed properly, it will serve as a “doping” for the real estate sector by solving spatial problems, accommodation problems and transforming illegal flats into legal flats. Within this framework, the progress of urban transformation in the future will deeply influence the sector. Success and increase of volume of urban transformation will modify the manner how the sector functions and lead to adoption of new financial methods and differentiation of the actors in the sector.