Planning
Planning official: only up to 5% of building-renewal potential can be realized
9 November 2026 · Based on Israel Real Estate Center
Yamit Cohen, regulation deputy director at the Israel Planning Administration, criticized current building-renewal programs and called for wider self-licensing. The Chief Government Appraiser, Gil Balulu, said he intends to promote legislation fixing betterment levies (hetel hashbacha) in advance, saying certainty matters more than exemptions.
What it means for buyers abroad
Regulatory uncertainty still limits urban renewal supply, so projects in older neighborhoods may take longer to materialize. Buyers should check the status of any renewal project they rely on.
Read the original article (Israel Real Estate Center, in Hebrew) ↗
