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Planning

Holon building with TAMA 38 permit to be expropriated for metro station for NIS 12.5M

10 November 2026 · Based on TheMarker

Illustrative photo · Ramat Gan
Illustrative photo · Ramat Gan · Ynhockey, Wikimedia Commons, CC BY-SA 4.0

A two-storey building in Holon received a permit in 2019 to be replaced by a new six-storey building under TAMA 38 (the national urban renewal and seismic-strengthening plan). Shortly afterwards, the site was designated for an underground metro station. After a lawsuit against the state, the parties agreed the building will be vacated within 90 days in return for NIS 12.5 million in compensation.

What it means for buyers abroad

Infrastructure plans such as the metro can override existing building permits, even for projects that are approved. Buyers should check planning designations for a property and its surroundings before purchasing in Gush Dan.

Read the original article (TheMarker, in Hebrew) ↗

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