Kent Art İnşaat (construction), which has become established with the experience it has gained from the housing and office projects it has built as the contractor until today, is to sign its name to a new real estate project in Istanbul’s financial center, Ataşehir: Terra Ataşehir.
Kent Art İnşaat, which has been operating in the construction sector for more than 20 years, is bringing to life its new property project in Ataşehir, which has come to the fore as the financial center of Istanbul, and become the center of a large number of investments in the recent period.
The property project was launched under the brand Terra Ataşehir at the press conference held on Thursday, the 6th of June. Terra Ataşehir project, which offers a new residential area in Ataşehir with its homes and shopping units, was released for sale at special launch prices following the press conference.
The project plans are for 27 thousand square meters of construction area, with 210 homes and 3.100 square meters of commercial areas.
Süreyya Aydemir, the chairman of the board of directors of Kent Art İnşaat, said, “We have been operating effectually in the construction sector for more than 20 years. During this time, we have brought to life a large number of housing, office and shopping center projects as the contractor. Today, with our experience in the sector, we have established Kent Art İnşaat, with the aim of creating pleasant and aesthetic living areas with every step we take, in all of our projects, whether they are large or small. Within this context, we are bringing to life our Terra Ataşehir project in Ataşehir, the financial center of Istanbul. As Kent Art İnşaat, our primary mission is to create pleasant and aesthetic living areas which add value to life. And I believe that our Terra Ataşehir project, with its architecture and housing and shopping areas, will also add great value to the area. In this respect, we are going to continue to be involved in Urban Transformation projects with the A’la Erenköy project whose construction work we are continuing in Erenköy, in the same way as the Terra Ataşehir project which we are introducing to you today. Both with our Terra Ataşehir project, and with our future projects, we will always construct projects which add value to the city.”
40 million investment in Urban Transformation
Kent Art İnşaat, which has also taken on an active role in the Urban Transformation of Istanbul, is bringing the Terra Ataşehir project to life within the scope of urban transformation. The architectural work for the Terra Ataşehir project is being undertaken by Prof. Dr. Sinan Mert Şener, with the project design carried out by the Faculty of Architecture at the Istanbul Technical University. The real estate project, which is located at the heart of the financial center of Istanbul, is being developed with an investment of 40 million TL at the most valuable point of the region.
0 interest for 50 months’ installments
Terra Ataşehir project is being developed as part of the urban transformation project, and will therefore not be affected by the increase in VAT, and will be sold with 1% VAT. The apartments at Terra Ataşehir project will range from 42 to 248 square meters in size. Preliminary demand is being registered at prices starting from 96 thousand TL during the launch period.
Terms of payment are 25% up front with the balance being paid in 50 monthly installments at 0 interest. It will also be possible to own a property using mortgage credit. The apartments at Terra Ataşehir project have been designed to appeal to every different taste, with studio, 1, 2 and 3 bed and penthouse apartment alternatives being offered to owners.
The foundations at Terra Ataşehir project will be laid in October 2013, and completion date is set for June 2015.
Terra Ataşehir Project Details
*Project Name: Terra Ataşehir
*Construction Company: Kent Art İnşaat
*Construction Start Date: October 2013
*Completion Date: June 2015
*Construction Area: 27.000 m2
*Land Area: 4.100 m2
*Architectural Office: I.T.U. Faculty of Architecture / Sinan Mert Şener
*Investment Amount: 40 million TL
*Total number of homes: 210
*Commercial Area: 3.100 m2
*Area available for Sale: 19.000 m2
*Home Types: Studios, 1, 2 and 3 beds and penthouses.
*Payment plan: 25% up front, with the balance in 50 monthly installments at 0 interest.
Information about Terra Ataşehir project and Kent Art İnşaat can be found at www.kentart.com.tr