Ramat Gan betterment levy on TAMA 38 basements cancelled
2 November 2026 · Based on Israel Real Estate Center
The Tel Aviv district appeals committee rejected an appeal by the Ramat Gan local committee. It ruled that several basement floors in a TAMA 38 (seismic strengthening) project can be built under the plan's rights, with no exemption needed and no betterment levy. The binding assessment had cut the charge from 210,000 to 5,300 shekels.
What it means for buyers abroad
For buyers considering TAMA 38 projects in Ramat Gan, this ruling may lower the levy costs developers face. Whether this affects pricing is not stated.
Read the original article (Israel Real Estate Center, in Hebrew) ↗