Displaying items by tag: buildings

The government is preparing to press the button for rapid creation of new housing without pouring new concrete, through an urban planning regulation that is set to reshape the real estate market. According to reports, the way is opening for the fast conversion of existing properties currently designated for non-residential use—such as offices, shops, old hotels, and commercial or tourist buildings—into residences, even in cases where existing Presidential Decrees or General Urban Plans do not allow it.