22 Jul Metro Lines Affect Directly the Real Estate Prices!
According to the researches on the impacts of new metro lines in Istanbul on the real estate market, it is explained that the transportation affects directly the pricing and the dynamics of the market. In the statement, informations were shared about the new metro lines that will be built in Istanbul and It is underlined that Başakşehir will continue to be the favorite place of investors with its new metro line between Kayaşehir and Başakşehir.
Çekmeköy – Sancaktepe – Sultanbeyli metro line, which is 17,8 km long and has 14 stations, will include the outstanding counties for investment in Anatolian side, will increase the value of the area. The metro line between Kaynarca – Pendik – Tuzla will make these area more precious .While the numbers of the residential projects increase in European side and continue to affect real estate market, Halkalı – Kirazlı metro line which will ease the transportation in the region, will make this area become a rising star.
It is considered that Ümraniye – Ataşehir –Göztepe metro line which will connect three counties, affects directly the pricing of the properties for sale and for rent in this route.
Source: Milliyet.com