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Kartal Cevizli Land Development Project

Location
Kartal, Istanbul, Türkiye
Year
2024
Scale
13 property owners | Residential land development project
Category
Real Estate & Advisory
Kartal Cevizli Land Development Project

Project Overview

A former informal settlement area was transformed into a viable residential development opportunity following zoning plan amendments that significantly increased development rights. Consensus was established among 13 property owners, and a land-for-development model was structured to enable implementation without direct construction financing from the owners.

The process included feasibility and value analysis, development structuring, contractor selection, stakeholder negotiations and contractual coordination. The project maximised land value and is currently under construction, with advisory support continuing through implementation and sales stages.

Gallery

Kartal Cevizli Land Development Project — 1
Kartal Cevizli Land Development Project — 2

Keywords

  • Land Development
  • Residential Development
  • Development Rights
  • Land-for-Development Model
  • Feasibility Analysis
  • Value Creation
  • Stakeholder Negotiation
  • Sales Advisory