December 2018

The Minister of Defense, Shaul Mofaz, will review the recommendation to close Sde Dov Airport, announced Sunday by the Knesset's Interior and Environment Committee. During the meeting, Knesset members were asked to decide whether to request the new Minister of Defense, Prime Minister Benjamin Netanyahu, to reconsider the decision to close Sde Dov for its military activity, which is also subject to civil...

The Ministries of Finance and Housing are expected to publish next week the seventh lottery of the "Mehir Lamishtaken." The lottery, which will likely be published on Monday, the last day of 2018, is expected to be smaller than its predecessors and will only include 2,000 to 3,000 apartments. The final number of apartments available for rent largely depends on the success of the ILA land auctions, which...

The new Arab city in the north is about to be born: the plan proposed by the Ministry of Housing to build a new neighborhood with 8,000 housing units in the local council of Jadida Makar, in Western Galilee, has been submitted for public objections. With a plan approved by the Israeli Land Authority, 14,600 housing units will be built in the neighborhood, making the council a new Arab city. The first...

A summary of 2018 in the Remax chain also reports some price increases, but the chain fears that the government will continue to intervene in the housing market, as "2018 was an interesting year in real estate, it was different from what we have known in recent years," said Bernard Raskin, CEO of Rasmus Israel. Network data for the past year indicates some price increases, with each city having different...

The Planning and Construction Committee approved on Monday a plan for a new residential neighborhood in eastern Netanya. The plan includes residential buildings totaling 3,500 housing units, a public transport terminal, a shopping center, educational institutions, and a park with an amphitheater covering an area of approximately 110 dunams. The plan, which covers a total area of 875,000 square meters, is...

Look up: a spiral tower of 91 floors will connect the three Azrieli towers in the center of Tel Aviv: round, square, and triangular. This morning, the Azrieli group, chaired by Dana Azrieli, was unveiled. The new tower will reach a height of 350 meters, giving it the title of the tallest tower in Israel. It will be built in place of the legendary Yedioth Ahronoth, at the center of the Menachem Begin axis,...

Companies operating in illegal buildings have already received warnings before the fine, which could amount to hundreds of thousands of shekels without trial. The phenomenon of illegal construction is set to expose its perpetrators to considerable economic risks starting tomorrow, with the introduction of new regulations aimed at intensifying sanctions. The regulations developed by the Ministry of Justice...

Investing or Building in Israel How to build your house? First and foremost, it is obviously a matter of finding and purchasing the land intended for construction and verifying Many costs related to infrastructure will need to be anticipated from the start: earthworks, paving of the road, installation of water pipes, connection to sewage, electrical connection, gas, and telecommunications systems,...

Un ''Eter Bniya'' is a permit to modify a given property in accordance with the planning and construction law and the construction rights outlined in the construction plan. In other words, if you want to modify your house/apartment and it requires a building permit (for example, if you want to build on the roof), you should contact the local planning and construction committee (which generally applies a...

The slowdown in the construction industry is affecting state coffers, but the amount of revenue is still the second highest after the peak reached last year. The significant slowdown observed this year in the residential construction sector has also impacted the volume of transactions signed by the Israeli Land Authority (ILA), which markets state-owned land to developers, according to data from the...