Land Administration to market 15,000 housing units in 2009

Tenders for 17,000 housing units were published in 2008, but there was no demand for some tenders.

The Israel Land Administration (ILA), which owns 93% of state land, has published its marketing plan for 2009, which calls for the marketing of land for 15,000 housing units by public tender. This figure does not include several thousand housing units that will be allocated in tender-exempt proceedings.

The ILA 2009 marketing plan will offer fewer than the 17,000 housing units markets in the 2008 marketing plan. There was no demand for some of last year's tenders.

The breakdown of the housing units is as follows: 3,870 housing units in the Central District, mostly in Netanya, Kadima, Yehud, and Rishon LeZion; 3,632 housing units in the Northern District, mostly in Afula, Nazareth, Upper Yokne'am, and Kiryat Shmona; 3,011 housing units in the Jerusalem District, including Jerusalem, Ashdod, Kiryat Malakhi, Kiryat Gat, and Beit Shemesh; 1,861 housing units in the Southern District, including Beersheva, Netivot, Eilat, and Beer Ora; 1,636 housing units in the Tel Aviv District, mainly in Tel Aviv, Jaffa, Holon, and Or Yehuda; 981 housing units in the Haifa District, mainly in Kiryat Motzkin, Kiryat Ata, Zichron Yaakov, Hadera and Pardess Hanna-Karkur, but almost no marketing in Haifa itself.

Published by Globes [online], Israel business news - www.globes-online.com - on March 29, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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