$300M+
Active Development
1,391
Premium Homes
50%+1
Decision Threshold
24 hours
Report Turnaround
WHY NOW

This is not a campaign — it is a closing window

The 2023 amendment to Law 6306 lowered the owner-consent threshold from two-thirds of land share to a simple majority (50%+1). The state provides ₺1,875,000 per residential unit plus credit at 0.69% per month. One condition: the risk assessment must be approved by 31 December 2026.

₺1,875,000

State support per unit

₺875,000 grant + ₺875,000 subsidised loan + ₺125,000 relocation allowance under the building-based residential package.

Urban Transformation Directorate, 2026

0.69% monthly

Transformation credit rate

180-month term, first year payment-free, ceiling ₺3,000,000. A market mortgage runs at roughly 2.90% monthly — four times more expensive.

World Bank-backed programme

₺30,000/mo

Rent assistance

Central government and Istanbul Metropolitan Municipality combined provide up to ₺30,000 monthly to owners throughout construction.

IMM Council, 14 March 2026

THE PROCESS

From risky building to new home — six steps

At every step you know what happens, how long it takes and what is asked of you. No surprises.

01

Building Transformation Report

Give us the address, we do the rest. Zoning, floor-area ratio, existing area, neighbourhood pricing and state support are combined into three sharing scenarios. Free and non-binding.

24 hours
02

Risk assessment

A licensed body takes core samples and runs the analysis. A single owner may apply. Once approved, an annotation is entered on the title deed and eligibility for state support begins.

3–4 weeks
03

Owners' meeting and decision

Formal notice, presentation, questions. The decision carries at 50%+1 of land share. The statutory procedure for dissenting owners is completed in full — it is a precondition for the building permit.

4–6 weeks
04

Contract

Notarial deed in official form, title-deed annotation, a daily penalty stated as a number, 6% statutory guarantee plus mortgage plus completion insurance. Land share transfers in four milestone-linked tranches.

2–4 weeks
05

Demolition and permit

Evacuation, rent assistance applications, demolition, soil survey, design and permit. Under Law 6306, title-deed, stamp, notary and municipal fees are exempt.

3–5 months
06

Construction and handover

Monthly progress reports, site visit rights, photographic tracking. No obligation closes until the occupancy permit is issued.

14–18 months
CALCULATE

What does your apartment gain?

Enter your neighbourhood and building details. Figures rest on August 2026 market data and current state support. This is an estimate, not a binding offer.

ESTIMATE
Neighbourhood
Your new apartment
Current apartment value
New apartment value
Cost contribution
State support (grant + rent)
Out of your pocket
YOUR NET WEALTH GAIN (Return )

The calculation is based on neighbourhood average listing prices (Emlakjet, August 2026) adjusted for a new-build premium, the 1.5× construction area rule, an 85% saleable area ratio, and the 2026 state package (₺875,000 grant + ₺875,000 loan + ₺125,000 relocation) plus 24 months of rent assistance. Actual outcomes depend on parcel zoning, soil survey, ownership structure and construction cost. Not a binding offer.

TRANSPARENCY

Our fees. All of them.

We do not hide who pays for what. Everything we offer the owner — valuation and feasibility included — is free; where our income comes from is written here.

ServiceFee
Building Transformation Report · owners' meeting facilitation · legal and technical pre-reviewNever charged, under any conditionFREE
Detailed Zoning and Feasibility AnalysisMarket benchmark ₺250,000–300,000 — free with us at every stage; scheduled by suitability given capacityFREE
Development Management FeeOn construction value, milestone-linked over 24 months · paid by the contractor5%
Success PremiumA share of every point gained above the floor sharing ratio written into the contract · we earn more when you do20%
Sales and Marketing FeeFor owners choosing to sell their new units · market norm is 4%2%
COVERAGE

Where we work

We do not take on construction in every neighbourhood — because the numbers do not work everywhere. We actively develop in the neighbourhoods below. Elsewhere we still prepare your free report and advise you on selecting the right contractor.

Neighbourhoods where we develop

Ataköy 1Ataköy 2-5-6Ataköy 3-4-11Ataköy 7-10YeşilköyYeşilyurtŞenlikköyBasınköyBahçelievler MerkezYenibosna

Neighbourhoods assessed case by case

SakızağacıZuhuratbabaKartaltepeŞirinevlerKocasinanÇobançeşmeSiyavuşpaşaZeytinlikOsmaniyeCevizlikHürriyetZaferSoğanlıFevzi ÇakmakYenimahalleCumhuriyet
OUR OFFICES

Come in for a coffee

Book an appointment and we will open your building report together. You can hold your owners' meeting in our meeting room — projector, presentation and answers ready.

Bakırköy Transformation Office

Zeytinlik–Kartaltepe axis. Serving Bakırköy, Ataköy, Yeşilköy, Yeşilyurt, Şenlikköy, Zuhuratbaba and Sakızağacı. Our Nest Bakırköy project is within walking distance — you can inspect our work in person.

Bahçelievler Field Office

Adnan Kahveci Boulevard axis. Serving Bahçelievler Merkez, Yenibosna, Siyavuşpaşa, Kocasinan, Şirinevler and surrounding neighbourhoods — on the ground in Turkey's number-one transformation district.

Opening January 2027 · We are already accepting appointments and free report requests.

FREQUENTLY ASKED

What owners ask us

Do all owners need to agree?

No. Following the 2023 amendment to Article 6 of Law 6306, the decision carries with a simple majority of land share (50%+1) — measured by share, not by headcount. Dissenting owners are given 15 days by law; if they still decline, their shares are sold at public auction after a licensed valuation. No building permit can be issued until this procedure is completed in full.

How does the state support work, and what is the deadline?

₺875,000 grant + ₺875,000 subsidised loan + ₺125,000 relocation allowance = ₺1,875,000 per residential unit. One condition: your risk assessment must be approved by 31 December 2026. Demolition, permits and title work may follow later without losing eligibility. Since the assessment takes 3–4 weeks, we advise not leaving your application to November.

Will I have to pay anything?

It depends on your neighbourhood. In central and coastal Bakırköy, most projects require little or nothing. In more affordable neighbourhoods of Bahçelievler and Bakırköy, current construction costs may require a cost contribution per unit — but the state package and rent assistance cover most of it. The calculator above gives an estimate; the exact figure appears in your free report.

What if I am a tenant?

Tenants do not receive monthly rent assistance from central government, only a one-off relocation allowance (₺24,000 in Istanbul). We consider that insufficient: on every project we take on, tenants resident for more than five years receive additional relocation support and first refusal on renting in the new building. This is not required by law — it is our standard.

Where do I live during construction?

On rent assistance. Central government provides up to ₺12,000 monthly and the Istanbul Metropolitan Municipality up to ₺18,000 for owners, reaching around ₺30,000 combined, with higher amounts for pensioners. Applications must be made within one year of evacuation — a strict deadline. We handle the process on your behalf.

What if the contractor abandons the project?

This is the sector's most real risk and it is managed by contract. Our standard has three layers: (1) the 6% statutory guarantee, (2) a property mortgage — the only security that survives contractor insolvency, (3) completion insurance. Your land share transfers in four milestone-linked tranches, never at once, and the contract states a daily delay penalty as a figure. We do not use vague wording such as "subject to construction conditions".

How long does it take?

20–24 months on average from assessment to handover: 3–4 weeks assessment, 4–6 weeks owners' decision, 2–4 weeks contract, 3–5 months demolition and permit, 14–18 months construction. Before 2026 this ran to 28 months; the 50%+1 rule cut the decision stage from months to weeks. Permits take 50–80 days in Bahçelievler and 55–90 days in Bakırköy.

What has Ruz Proje built?

Our active portfolio exceeds $300 million: Loft Valentine (407 residences and a 210-room hotel on Basın Ekspres), Akros Istanbul (a 125-metre tower), Nest Bakırköy (108 residences across nine blocks) and Botanica Istanbul (476 residences in Beylikdüzü). Nest Bakırköy hands over in March 2027 and you are welcome to visit the site — seeing a contractor's work before choosing one is the right approach.

Are there taxes and fees to pay?

No — under Article 7 of Law 6306, title-deed fees, notary fees, stamp duty, inheritance and transfer tax, municipal fees, parking contributions and infrastructure participation shares are exempt. VAT on the first 150 m² net of your new home is 1% instead of 20%. The exemption must be claimed in writing before each transaction and every document must recite the statutory reference — we manage this for you.

Is the report really free? How do you earn?

Yes, genuinely free and non-binding. We earn through a 5% development management fee and a success premium paid by the contractor. The premium works like this: the contract states a floor sharing ratio, and we take 20% of every point we lift it above that floor. In other words, the better your deal, the more we earn. Our full fee schedule is published above, as it is.

Your building report is ready in 24 hours.

Address, unit count and contact details are enough. Free, non-binding, and we will tell you plainly whether you can still make the 31 December deadline.