Toki Announces: Applications To Be Accepted Via E-Devlet Starting 9:00 AM On November 10th; A New Economic Boost Is Anticipated
ANKARA, Turkey – The final countdown has begun for the largest social housing initiative in the history of the Republic of Turkey. The Housing Development Administration (TOKİ), an affiliate of the Ministry of Environment, Urbanization and Climate Change, has officially announced the application start for the colossal residential project known publicly as the “Century Housing Project.” Applications will be accepted exclusively through the e-Devlet gateway starting at 9:00 AM on Monday, November 10th. This ambitious endeavor aims to lift the burden of rent from hundreds of thousands of families and revitalize the construction sector.
📝 APPLICATION PROCESS AND SCOPE
Recognizing the expected volume of applications, TOKİ aims to execute the application process digitally, ensuring transparency and efficiency.
- Start Date: Monday, November 10th, starting at 9:00 AM.
- Platform: Applications must be submitted exclusively through the TOKİ services section on the e-Devlet portal, using the T.R. Identity Number and password. This digital approach eliminates the need for citizens to wait in queues at bank branches.
- Project Scale: The total number of houses in the project exceeds hundreds of thousands across Turkey. The primary goal is to close the housing gap for low- and middle-income families, particularly in major metropolitan areas like Istanbul, Ankara, and Izmir
💰 SOCIAL AND ECONOMIC IMPACTS
The launch of the Century Housing Project Application process is seen not merely as a housing sale but as a strong signal of economic support.
- Construction Sector: The project is a gigantic investment expected to create direct demand in the construction sector and its more than 250 affiliated sub-sectors. Therefore, it is anticipated to boost employment and stimulate growth in industries such as cement, steel, ceramics, and furniture.
- Rental Market Relief: Experts suggest that the introduction of affordable, fixed-installment housing will exert a psychological effect, potentially curbing soaring rental price increases in major cities.
- Household Support: The project offers low- and middle-income families the opportunity to own homes at prices far below market value, with long-term, low-interest installment plans (up to 240 months). This drastically reduces the financial burden of rent on household budgets. [INTERNAL LINK: TOKİ Projects’ Impact on the Turkish Economy]
⚠️ KEY WARNINGS AND REQUIREMENTS
TOKİ emphasizes that candidates must strictly adhere to the requirements outlined in the application guide to avoid losing their chance.
- Income Requirement: Basic criteria include restrictions on the household’s total monthly income, which must not exceed a specified upper limit (e.g., 60,000 TL for major cities).
- Residency Requirement: Applicants are generally required to have resided within the requested province or district for a specific period or be registered in that province’s population records.
- Application Fee: To validate the application, a determined application fee must be paid via the bank after the initial declaration on e-Devlet. This fee is refundable if the candidate is not selected in the lottery.
Due to the immense interest, the Century Housing Project Application process will be under strict digital monitoring to prevent infrastructure issues. In conclusion, the start of applications on Monday morning marks a defining moment for the socio-economic agenda of all of Turkey.
