Land and tenders

TOKİ offers 725 plots in 61 provinces at auction on 5 and 6 November

Türkiye’s Housing Development Administration, TOKİ, has announced 725 plots in 61 provinces, with a total area of about 3.45 million m² and an announced estimated value of about 29.1 billion lira, at auction on 5 and 6 November.

Why it matters to investors:A government offering with 48-month instalments; check the plot list and Istanbul’s share in TOKİ’s announcement before any decision, because the report does not break down the provinces.

No change · Zoning (imar) changes in Arnavutköy, Başakşehir, Silivri and Halkalı: no askı suspension or plan approval announced in the last 48 hours; what appears in search dates from August 2026 or earlier.

Market indicators and prices

Home prices in September 2026: Istanbul +28.1% nominal and −1.9% real

According to an Emlakjet report using Endeksa data for September, the average home price in Türkiye was 5,412,500 lira and the price per square metre 43,300 lira/m², up 22.5% in nominal terms and down 6.2% in real terms.

Why it matters to investors:Istanbul recorded stronger nominal growth than the national average, while the price per square metre remains negative in real terms after inflation; these figures describe a past period and are not a forecast.

Central bank cuts the policy rate to 36%, dollar at 49.77 lira

On 22 October the Central Bank of the Republic of Türkiye cut the policy rate from 37% to 36% (the first cut in 9 months), set overnight lending and borrowing at 39% and 34.5%, and pointed to a decline in the underlying inflation trend amid weak domestic demand.

Why it matters to investors:The policy rate affects the cost of property financing within Türkiye, and the exchange rate sets the dollar value of property priced in lira and the dollar-denominated citizenship threshold.

Citizenship and residence

Istanbul investigation: a 3.5 billion-lira case linked to citizenship files via a hotel scheme

On 24 October it was reported that a case worth 3.5 billion lira in Istanbul had been uncovered, linked to citizenship files through a “hotel game” attributed to a fugitive businessman.

Why it matters to investors:Cases of this kind may precede tighter scrutiny of non-standard citizenship files; verifying the property valuation and title under official procedures remains essential.

New projects

No change · New citizenship-eligible launches from Emlak Konut: nothing new announced in the last 24–48 hours.

Summaries written by Massar Vadi Real Estate in our own words, based on the published sources cited with each item (they open in a new tab). Figures are as published by their sources on the date shown; they are for general information only and are not investment or legal advice, a price forecast or a promise of any outcome.

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