The new developments of the infrastructure of Istanbul have a great positive effect in the real estate sector of Istanbul. As a recent development on the underground rail systems, Vezneciler – Sultangazi metro line that is 17.3 km long will be one of the important reasons for the major effects for this development.
This new metro line between Vezneciler and Sultangazi districts are composed of 15 stations at total and the metro line will start from Vezneciler and pass through Edirnekapi, Eyup and Gaziosmanpasa. It is said that this new project will have such an important role since it will have an integration with the other important lines that are Haciosman – Yenikapi, Mecidiyekoy – Mahmutbey, Kazlicesme – Sogutlucesme and Incirli – Sogutlucesme metro lines. Vezneciler – Sultangazi metro line is planned to be completed in 2019, however, it is reported that its positive effect on the properties in Istanbul is already seen. Especially this effect can be seen around the districts like Eyup and Gaziosmanpasa since there are some other emerging developments as well.
In terms of the city development and property projects, the metro lines have become an important dynamic in the recent years. It is expected that the current metro lines like Kartal – Kadikoy, Yenikapi – Haciosman, Aksaray – Atatürk Airport and the new upcoming metro lines will affect posivitely the transportation and the property projects. The development of the transportation infrastructure in every part of Istanbul reflects positively on the real estate market of the city and more and more people buy property around the districts that are near to the transportation points since those districts increase in value with the new emerging projects.