Affordable housing

Turkey's housing administration exceeds annual targets

The Housing Development Administration of Turkey (TOKİ) has exceeded its target of social housing for this year, its chairman has said.

"Our initial target for social housing to be built this year was 60,000, and we will have provided 64,000 homes by the end of this year," TOKİ Chairman Ergün Turan told state-run Anadolu Agency on Oct. 26 in the northwestern province of Bursa. 

Tax shock: Rude ENFIA awakening for property owners

The Finance Ministry is planning to abolish all exemptions that currently apply as far as the Single Property Tax (ENFIA) for next year is concerned. The notices that 6.1 million property owners are to receive by October 15 will be a rude awakening for many with the first instalment due by October 30.

Changes include:

Decree banning disclosure of military casualties condemned

The Russian presidential decree "extending a ban on coverage of military casualty figures to peacetime as well as in wartime" has been condemned by the CPJ.

"Such coverage, deemed to be disclosure of state secrets, is punishable by prison terms up to 20 years, according to local press reports," the Committee to Protect Journalists (CPJ) said in a statement.

Unregistered owners spend 7 billion Turkish liras to buy land

Squatters on unregistered plots of land have paid 7 billion Turkish Liras ($2.9 billion) to the Turkish Treasury to register their ownership in the past year, the Turkish Finance Ministry said Feb. 17.

The plots of land, officially referred to as "2B," were formerly classified as a forest where construction and agricultural activity were banned.     

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