2013 Real Estate News

2013 Real Estate News
The Courthouse, built and known as the world's largest Courthouse, will open in January 2013. The Istanbul Anatolian Palace of Justice, built on 126 decares and bringing together 8 courthouses, will become operational on the Anatolian side in January. The courthouse will have approximately 298 courtrooms. Construction began in 2006 and consists of 5 blocks of buildings. The courthouse has approximately 326 judge and prosecutor rooms. In addition, approximately 4,000 personnel will work in the courthouse building, including 550 prosecutors and judges. It was announced that a total of 5,000 people will work, including auxiliary staff such as security and cleaning personnel. The building's size is equivalent to 4 football fields. With the arrival of 2013, property taxes will also increase. The tax increases fall in September. It was announced that the fees to be paid in 2013, the accepted amounts for property tax, will be higher than expected rates. In 2013, housing loans; the central bank began to lower interest rates. Of course, this gave hope to many families wanting to buy a home. Everyone's eyes were on the new interest rate cuts that banks would make. Housing loan expectations are as follows: Current interest rate: 0.94% Expectation: 0.80%