Toki and information you may know for the first time
Index:
- What is Toki?
- Toki’s objectives
- Advantages of projects supervised by Toki
- What does the term “housing project guaranteed by the Turkish government” mean?
- What are Toki’s most prominent projects?
- Toki houses amaze the world in the February 2023 earthquake
- Conditions for registering for Toki houses
- Achievements and awards
In this article, we will take you on a quick tour to learn about the Turkish construction company Toki and its role in the major urban development that Turkey is witnessing.
What is Toki?
In Turkish, the word Toki stands for Toplu Konut Idaresi, which translates to the General Directorate of Mass Housing, established in 1984, it is a public institution affiliated with the Ministry of environment, urbanization, and climate change in the republic of Turkey, it is was specifically created to produce social housing, aiming to meet the housing needs of low- and middle-income citizens. that helps people own a house in one of its projects through installments, where beneficiaries are chosen by lottery.
Toki’s Objectives
- To find solutions to housing and urbanization problems in Turkey.
- To meet the housing needs of low- and middle-income earners who cannot afford housing under current market conditions.
- To meet 5% to 10% of the housing demand in Turkey.
- To develop urban transformation projects and transform slums in cooperation with municipalities.
- To increase educational and social facilities.
- To establish at least one community park in each province in Turkey.
Advantages of Toki Projects
- Affordable Prices and Convenient Installments to low-income earners.
- Durability, solidity, and the quality of the building materials used.
- The safety of legal procedures being carried out through a public institution affiliated with the Ministry of Environment, Urbanization and Climate Change
- Allocate large zones to green areas and pay attention to the establishment of children’s leisure facilities with in residential communities.
- Government guarantee with a fully reliable governmentguarantee conducted under the supervision of architects entrusted by the government with this task.
What does the term “housing project guaranteed by the Turkish government” mean?
housing project guaranteed by the Turkish government are construction projects carried out in partnership between private construction companies and government companies such as Toki. The government company provides the land, and the private company executes the project under the direct supervision of the government-affiliated company but what is the role of the Turkish government in government-guaranteed construction projects?!
- The government reviews all permits obtained by the private company before the start of the project implementation.
- The government reviews all promotional advertisements that are used to market the project.
- The government sends an official delegation to visit the project and inspect the model apartments before the project is offered for sale.
- Sales contracts are directly approved by the notary and the Turkish government is the seller and the investor is the buyer.
- The investor transfers the monthly installments of the property directly to the government’s bank accounts, where the government keeps them and does not transfer them to the private construction company until the project is fully completed.
What are the most prominent projects of Toki?
Toki projects include the construction of a variety of large-scale facilities and buildings throughout Turkey, including social and commercial housing projects, shopping malls, hospitals, and schools. Some of the most important of these projects include:
- Esenkent Evleri project: This social housing project includes 14,000 apartments.
- Ataşehir Konutlari project: This project consists of 1,200 apartments, a shopping mall, a health center, and a recreational center.
- Belkint City Hospital project: This hospital was built by Toki in the capital Ankara and is one of its largest projects. The project consists of a huge hospital with 3,700 beds and modern medical and diagnostic facilities. It serves the surrounding area and all of Turkey.
Since 2002 to 2023, Toki has built over 1,180,000 homes and provided housing for over 5 million people. It has also built over 24,000 facilities, including:
- 1,267 schools
- 201 student dormitories
- 21 university buildings
- 268 hospitals
- 97 health centers
- 993 sports halls
- 480 mosques
- 285 public service buildings
- 19 stadiums with a capacity of 480,000 spectators according to the standards of the European Football Union
In line with the “more green environment” approach, Toki is converting old stadium areas in the city center into parks. They are designed to be new living and gathering areas in case of earthquakes.
TOKI Houses Amaze the World in the February 2023 Earthquake
Despite the collapse of more than 230,000 buildings in Turkey as a result of the earthquake that struck the south of the country on February 6 / 2023 /TOKI buildings belonging to the government withstood the natural disaster, prompting the Turkish Ministry of Environment to send letters to governors of the affected states to allow residents of those buildings to enter their homes. According to data from the Ministry of Environment, Urbanization and Climate Change, there are 133,759 houses built by the company in the ten provinces affected by the earthquake, none of which were damaged.
In addition to the houses that TOKI built that were not affected by the earthquake, there are also social facilities that the government company built, such as schools, mosques, kindergartens, and bazaars (markets that the state establishes for farmers and merchants to display their crops and goods on a weekly basis) that were also not affected by the recent earthquake. The stability of these projects is due to the fact that these buildings are built on a modern earthquake-resistant raft foundation, which allows the load to be distributed evenly on the ground.
TOKI projects have been one of the most important tools of the Turkish government in recent years, in terms of the urban transformation project that aims to rebuild all houses built before 1999 to be earthquake-resistant.
Toki registering Conditions
- To be a Turkish citizen or a foreigner who has obtained Turkish citizenship.
- The applicant for registration to TOKI houses must be over 18 years old.
- No more than one person from the same family can register for TOKI houses.
- The application fee must be paid through the designated banks and the purchase application and the commitment document must be signed.
- The applicant must not have a place registered in the title deed for himself, his wife or his children.
Turkish citizens and foreigners who have obtained Turkish citizenship who are interested can apply for ownership of an apartment in TOKI projects through the e-government application known as “e-Devlet” on this link after paying a symbolic amount to ensure the seriousness of the registration.
Achievements and A wards
TOKI plays a significant role in providing housing for low-income earners and has strong contributions to the Turkish economy and society. It provides thousands of job opportunities for Turkish citizens from all academic disciplines.
As a result of its efforts in the field of housing, it received the United Nations Scroll of Honor in 1994 for providing housing loans to hundreds of thousands of low- and middle-income families and for successfully implementing the reconstruction project after the Erzincan earthquake.
In 2008, it also received the “International Entrepreneurship Award in Real Estate and Housing Development” sponsored by Expo Italia Real Estate (EIRE). There are many other awards that cannot be mentioned now. We hope that we have answered your questions about the General Directorate of Mass Housing Toki and its importance in the field of real estate development on Turkish land.
To learn about the various investment offers in the lands of the modern city of Yenişehir , do not hesitate to contact Sedad Real Estate Company.
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