2024-04-15 06:29:00
About two years ago, the company Africa Residential Africa Residential 0% Base: 21,560 Opening: 21,560 High: 0 Low: 0 Value:– page quote news graphs company profile recommendations additional articles on the subject: with an agreement with Dania and Elektra to carry out the contracting works in the DUO project “Semal South” in Tel Aviv. This is a project in a central location – the complex of Arlozorov, Ibn Gvirol and Ben Serok streets – and now the building permit has been received for one of the lots to build one tower.
At the time, Africa signed an agreement to purchase the rights of the Tel Aviv Municipality in this complex, called Sumail (hence the name Symbol) in Tel Aviv. She paid NIS 192 million. In accordance with the permits, the project will include 257 housing units with an area of approximately 24,500 square meters, a public building with an area of approximately 1,800 square meters and shared parking basements, across a 50-story residential tower and an 8-story residential textured building.
The entire project, which should eventually contain 668 housing units in the two towers, is one of the largest in the region. According to the agreement signed at the time, Dania-Electra will receive approximately NIS 888 million for the construction of the two towers. According to the prices in other projects in the area, an average 4-room apartment costs about NIS 5-5.2 million. The price per meter is around NIS 51-53 thousand, but it depends on the project. Of course, the size of the apartment also has an effect: 2-3 room apartments are of course more expensive in terms of price per square meter.
Africa, as mentioned, yesterday received a full building permit for one lot in the project in North Tel Aviv, the one adjacent to the company’s DUO Tel Aviv project, and it assumes that it will receive a full building permit for the lot in the project in the coming days.
Comments to the article (0):
Your response has been received and will be published subject to the system policy.
Thanks.
for a new comment
Your response was not sent due to a communication problem, please try again.
Return to comment
#building #permit #received #huge #project #heart #Tel #Aviv #apartment #cost