24.10.2025 15:40
President Recep Tayyip Erdoğan spoke at the "Century's Housing Project Program." Erdoğan stated that a total of 500,000 houses will be built in 81 provinces, saying, "Our houses will be paid for with installments starting from 6,750 lira per month. The sale price will start from 1 million 800 thousand lira. These houses will be offered for sale with a government guarantee, requiring a 10% down payment and a repayment period of 240 months."
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President Recep Tayyip Erdoğan announced the details regarding the "Century's Housing Project Promotion Ceremony" held in the Kayabaşı neighborhood of Başakşehir, Istanbul, which will involve the construction of 500,000 houses in 81 provinces.
"A NEW ERA WILL BEGIN"
Erdoğan stated, "Together we will say 'Homeowner Turkey'. Inshallah, this project will start a new era in a different way. In November, we will have completed almost 23 years of service to the nation, nearly a quarter of a century. When we came to power, we said that our duty is to raise the living standards of our people. It is to ensure that the state fulfills its social responsibilities. Our responsibility is to work tirelessly to be among the most developed countries in the world. 23 years have passed since that day. For 23 years, we have been by our nation's side whenever they needed us. While the opposition only produced words and polemics, we provided quick solutions to all kinds of needs of our citizens."
"500 THOUSAND HOUSING PROJECT IS STARTING"
Erdoğan said, "We are bringing the 'Century's Housing Project' to life, and we are launching our mobilization for 500,000 houses. We will build a total of 500,000 houses in all 81 provinces. We have allocated 100,000 of these houses to Istanbul. We will construct a total of 100,000 houses on both sides of Istanbul. We will provide 30,000 houses to Ankara, 21,000 to Izmir, 13,000 to Bursa, Gaziantep, and Konya, and 12,000 new homes to Hatay. We have reserved a separate quota of 5% for the families of our martyrs, veterans, and the disabled. Similarly, we have allocated a 10% quota for families with three or more children. We have reserved a 20% quota for retirees who have added value to this country. A significant portion is reserved for our youth. We are allocating 20% of the homes in the project to our young people aged 18-30."
THOSE WHO ALREADY HAVE HOMES CANNOT APPLY
President Erdoğan stated, "The houses we will build will consist of 2+1 and 1+1 apartments. All of our houses will be designed in accordance with horizontal architecture and traditional texture. All citizens who are 18 years old and above can apply for the project. Priority will be given to citizens who do not yet have a home. We want to make these brothers homeowners first. Those who have a house registered in the name of their spouse or children in the land registry will not be able to apply at this stage. After the disaster of the century, many of our citizens moved to other provinces. A large portion of these brothers returned to their hometowns after the completion of repair and reconstruction works. For citizens in the earthquake zone, a population registration document or a one-year residency requirement will be sufficient."
15 THOUSAND RENTAL HOUSES IN ISTANBUL
In a statement regarding rental housing, Erdoğan said, "We are launching our rental housing application. For now, it will be implemented only in Istanbul, and we are establishing a rental system through TOKİ. In addition to 100,000 houses in Istanbul, we have identified 15,000 rental houses. We will share the quotas we have allocated for workers, civil servants, minimum wage earners, families with social rights, young couples, and rights holders included in urban transformation in the coming days. The rental prices will be half of the market rate in the region, and the rental agreements will cover a period of 3 years. At the end of the contract period, the properties will be vacated and maintained before being rented out again. The maintenance and management of the houses will be under the guarantee of the state."
SALE PRICE AND INSTALLMENTS ANNOUNCED
Erdoğan stated, "Our houses will be payable with installments starting from 6,750 lira per month. The sale price will start from 1.8 million lira. These houses will be offered for sale with a 10% down payment and a 240-month term under state guarantee. In other words, our citizens will become homeowners in a long-term, low-installment, and secure manner. We will create a strong shield against the unusually rising rental prices. At the same time, with the cyclical social housing model, we will open the way for more citizens to access housing each year. Applications will start on November 15, 2025, and we will also kick off the construction. The draws will be held in December. The first deliveries will take place in March 2027."
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