42nd Street

Steps to participate in the auction for 42nd Street:

1 - Obtain the Auction Application Booklet from our consultants at the Temaşehir Konya sales office in Meram, Konya, or at the Emlak Konut GYO A.Ş. Headquarters in Ataşehir, Istanbul.

2 - Deposit the Temporary Guarantee amount specified in the list of commercial independent units offered for sale in the booklet into the corporate account of Emlak Konut GYO A.Ş. at T.C. Vakıfbank T.A.O.

3 - Applicants will receive an Auction Participation Certificate from the Temaşehir Konya sales office or Emlak Konut GYO A.Ş. Headquarters upon submitting the receipt of their deposited Temporary Guarantee amount.

4 - Applicants who have obtained the Auction Participation Certificate will participate in the auction starting at 10:00 AM on Sunday, May 14, 2017. The auction will take place at the Temaşehir Konya sales office in Meram, Konya.

The deadline for applications for the auction on 42nd Street is May 12, 2017.

42nd Street, developed under the Temaşehir Konya project, brings a fresh breath to the area with its street bazaar concept featuring stores and restaurants from globally renowned brands. The project includes a 20,000-square-meter square envisioned as a new symbolic space for Konya, along with a thematic pool, clock tower, mosque, park, youth and cultural center. Spanning approximately 500 meters, 42nd Street is lined with meticulously designed shops and boutiques.

Leveraging the brand value of Turkey's largest real estate investment trust, Emlak Konut, 42nd Street occupies a prime location with proximity to the planned Konya Metro, Meram Municipality, the upcoming new Government Office, and other planned public buildings, as well as social and cultural facilities. As the first of its kind in Konya, 42nd Street stands as a landmark development. Sales for the project will be conducted via auction. The deadline for applications for the auction organized by Emlak Konut GYO is set for Friday, May 12, 2017, at 5:00 PM. The auction itself will take place on May 14, 2017.

42nd Street is not just a commercial hub but a transformative urban project that integrates retail, leisure, and cultural spaces into a cohesive experience. The street’s design emphasizes walkability, aesthetic appeal, and functionality, ensuring a vibrant atmosphere for visitors and residents alike. The thematic elements, such as the clock tower and the mosque, reflect Konya’s rich heritage while catering to modern needs. The inclusion of a youth and cultural center underscores the project’s commitment to fostering community engagement and cultural enrichment. The planned metro access further enhances connectivity, making 42nd Street a central node in Konya’s urban fabric.

The auction process is designed to ensure transparency and fairness, with clear guidelines for participation. The Temporary Guarantee system safeguards the integrity of the bidding process, while the fixed deadline ensures all interested parties have equal opportunity to prepare their submissions. The project’s strategic location near key administrative and cultural landmarks positions it as a cornerstone of Konya’s future development.

With its blend of commercial vitality and cultural significance, 42nd Street is poised to become a premier destination in Konya, attracting both local and international visitors. The project’s emphasis on quality and innovation sets a new standard for urban development in the region, promising long-term value for investors and stakeholders.

Estimated value: 160,000 TL