May 2018

Master Plan (Urban Development) of Tel Aviv: Experts Against Transformation Taxes

Urban planning master plan of Tel Aviv, For several years, the municipality of Tel Aviv has been requesting payment of improvement fees from apartment sellers in Tel Aviv. This is in accordance with the overall urbanization plan. Several decisive appraisers have reacted to cancel the fee request. Furthermore, they stated that the urban planning plan is not improving. Is the urban planning master plan of...

Binyamina

Are land prices in Pardessia (Pardessyia) dropping?

A tender in Pardessia, in the Sharon region, has just been published. Notably with minimum prices for agricultural land. But surprisingly, after a few weeks, the minimum price has been significantly revised downward. Real estate experts who were surprised by the change in the initial offer expressed their astonishment: "Is this a change in valuation due to the decrease in land value, or an error in the...

The project to reduce real estate prices is not working, land prices are skyrocketing

Indeed, the government is not releasing land and the project to reduce real estate prices is not working. Moreover, the plots are expensive! Due to the shortage of construction companies on the ground, land prices have increased, especially in high-demand areas. The international group, Reality Fund, purchased a buildable area for 37 million NIS. Additionally, it changed its status from "commercial zone"...

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