Decision to increase urban transformation aid in Istanbul published in the Official Gazette

A presidential decree regarding the increase in urban transformation aid in Istanbul has been published in the Official Gazette.

İHA

With the decision published under the signature of President Recep Tayyip Erdoğan, an increase has been made in the aid amounts to be provided for construction within the scope of urban transformation projects to be carried out in Istanbul.

The support of 700 thousand TL has been increased to 875 thousand TL, the support of 350 thousand TL to 437 thousand 500 TL, and the support of 1 million 400 thousand TL to 1 million 750 thousand TL.

Additionally, another aid item previously applied as 100 thousand TL has been updated to 125 thousand TL.

Contracts made before the publication date of this article will continue with the grant, loan, and evacuation support amounts in effect at the time the contract was signed.