Dumankaya and Fi-Yapı Project Investors

The people who bought apartments from the residential property projects of the important construction companies of Turkey, to which trustees have been appointed following the attempted coup on 15 July, are questioning whether they will be able to take delivery of their apartments. Nabi Ağbal, the Minister for Finance, has given the answer to the question, ‘What will happen to those who have bought properties from the construction companies which have been transferred to the TMSF or to which administrators have been appointed’: “The people who have bought properties from the construction companies to which trustees have been appointed, will receive their apartments.”

What will happen to those who bought Properties from the Dumankaya Group and from Fi-Yapı?

People who have paid deposits for, are continuing to pay for the properties, or who have bought properties for cash, from important construction companies such as the Dumankaya Group and Fi-Yapı, have been feeling uneasy about these apartments after administrators were appointed to these companies. Naci Ağbal, the Minister for Finance, has now reassured them. He has said that people who have purchased apartments from the companies which have been transferred to the TMSF or to which administrators have been appointed, with the allegations that they provided financial support to the terrorist organization within the scope of the investigation into FETO/PDY, or those who did business with these companies, would not be affected from this situation. Naci Ağbal, who stated that their aim was not to bring harm to anyone, said, “The customers will get their properties.”

4 Responses to "Dumankaya and Fi-Yapı Project Investors"

  1. Kashif Iqbal   October 18, 2016 at 4:55 pm

    I invested in Dumankaya Flex Office project somewhere in April/May 2015. It is almost one year n half year, i have no clue what is going on. There are hope, in actual i don’t see any progress or correspondence Dumankaya had with their Investors. Its very bad situation. I cannot figure out what to do.

  2. Bek   September 14, 2017 at 2:41 pm

    I invested in HiFit project in Sep/Oct 2015 and since the gov takeover had some emails received from the project adminstration promising to provide full information package on new dates of delivery, etc. It is over one year now the information package has not been delivered. Can not get any precise clarifications from the new adiminstration on the project’s status and at present do not know what to do with this investment.
    would be very happy to walk out from the project, if they had returned the invested funds.

  3. Ashraf S M Yaseen   October 7, 2017 at 1:49 am

    I’ve invested in hi-fit flex in Aug 2015
    We really need an update and assurance of any progress or plans for invistors.
    Who can advise?

  4. Negaa Albegami   July 11, 2018 at 4:29 pm

    I invested in Fi-side project from Fi Yapi in 2015 and paid cash. Until now no news on what is going to happen.

    Our contracts states a payment for every month of delay. Will the government of Turkey honor this contract?

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