How to apply for the TOKİ 250,000 housing project? What are the terms for the 0.99% interest loan? Has the E-Devlet application for the TOKİ 250,000 housing project started? What will the payment plans be?
The process regarding applications and tenders for the 250,000 Social Housing Project, implemented by TOKİ for low-income citizens, is ongoing. The project, carried out by the Ministry of Environment, Urbanization and Climate Change, offers the opportunity to become a homeowner with favorable payment terms. The campaign, which provides the opportunity to become a homeowner with no down payment and decreasing installment options, will see the construction of eco-friendly and sustainable housing in 81 provinces. So, how do you apply for the TOKİ 250,000 housing project? What are the TOKİ and Emlak Konut campaigns? Has the E-Devlet application for the TOKİ 250,000 housing project started? What will the payment plans be? Here are the details...
WHEN AND HOW WILL TOKİ APPLICATIONS BE MADE?
According to statements made by the Ministry, the process for TOKİ social housing applications will be announced soon. The campaign to be carried out by Emlak Konut will offer the opportunity to become a homeowner without a down payment.
Minister of Environment, Urbanization and Climate Change Murat Kurum made the following statements regarding the matter:
"We will have taken our step to make our low-income citizens homeowners. Along with our campaign, we are also launching another campaign that will increase the mobility of the sector. Just as we offer housing to our low-income citizens with affordable payment options, in this campaign, we are offering Emlak Konut projects to other income groups as a profitable investment opportunity with suitable maturity rates, whether with a low down payment or no down payment."
PAYMENT OPTIONS AND CAMPAIGN DETAILS
Within the scope of the campaign announced by Emlak Konut, three different payment models will be offered:
No Down Payment and Decreasing Installment Model:
Homeownership will be possible without paying a down payment
The installment amount will decrease every month
A 60-month maturity will be applied with a 0.99 interest rate
Emlak Konut Will Pay the First Year's Installments:
First-year installment payments will be covered by Emlak Konut
A 60-month maturity opportunity will be offered with a 1.29 interest rate
Leasing-Supported Long-Term Model:
There will be a 120-month maturity and a flexible payment plan
Options with or without a down payment will be offered
Financing will be provided through Emlak Katılım Bank
Sample payment plan: For an apartment worth 6 million TL, the monthly installment in a 60-month maturity payment plan will be approximately 61 thousand TL.
SOCIAL HOUSING PROJECT IN 81 PROVINCES
With this project, eco-friendly housing suitable for local and horizontal architecture will be built. The statement made by TOKİ included the following:
"In the largest social housing project in the history of the Republic; the residences will be built with zero-waste compatible, energy-efficient, and climate-friendly materials. Renewable energy systems will be used in the projects."
News Source: 12punto
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