27 Jun The Favorite İnvestment Center For The Last 5 Years,Kağıthane
The Kağıthane-Seyrantepe metro-line, became the favorite investment center for the last 5 years, many office projects, small, medium and large scale residential projects have been completed. Prices in the area increased by 87 percent in 5 years. The Kağıthane district is located in the city center and close to the most important transportation lines, also having the privilege of metro line, all that made it the focus of the investments for the last years especially the Cendere Valley route.
With the transformation experienced in Kağıthane, many prestigious office and residential projects are rising and new projects are developing rapidly with the approval of the new development plans in the Cendere Valley, which is shown as the Silicon Valley of the future. On the other hand, the population density of Kağıthane region increases by an average of 4 percent per year and the average return on investment is 18 years, wich is shorter than the return period of the investment on the European side. The proximity to Maslak-Büyükdere Levent area, Dolmabahçe-Bomonti tunnel, metrobus line, Sanayi metro station and Seyrantepe TEM viaduct and many ongoing transportation infrastructure investments make Kağıthane attractive for residential and commercial area projects
The Mahmutbey-Mecidiyeköy metro line, which is planned to open this month, is expected to further easy transportation to the region. Thanks to this project, the distance between Kağıthane and Üsküdar will be reduced to 26 minutes, Ümraniye will be 39.5 minutes, Beşiktaş will be 10 minutes and Mecidiyeköy will be 4.5 minutes.