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Planning

Renewal Authority official: about a third of plans assume developer profit of at least 18%

9 November 2026 · Based on Israel Real Estate Center

Illustrative photo · Tel Aviv-Yafo
Illustrative photo · Tel Aviv-Yafo · Rakoon, Wikimedia Commons, CC0

At an urban renewal summit, industry leaders pointed to a gap between approved plans and actual construction, citing economic uncertainty and project financing difficulties. An official of the Renewal Authority said about a third of plans were designed assuming a developer profit of at least 18%. The headline also notes that two of every three approved apartments do not go to execution.

What it means for buyers abroad

Approval of a renewal plan does not guarantee construction. Buyers should check whether a project is financed and underway before relying on it.

Read the original article (Israel Real Estate Center, in Hebrew) ↗

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