The Ministry of Environment approved the project for a metro project that will link Bahçeşehir-Ispartakule with Mecidiyeköy-Mahmutbey, since there are many new residential buildings in that area. After approving the projects, more building are being constructed.
Constructing a new metro line will increase the prices of buildings by 20%, and the value of already-existed buidings will also increase.
The only problem was with transport.
The prices in this area are increasing more and more.The price for 1sqm was around 1000-1500 TRY but it increased in the last period and it reached 3000 TRY for the sqm.The current price is 5000 TRY and it is expected to increase even more after constructing the metro line. Zeyneb Kounja, an expert in the Industrial Development Bank have declared that the metro line will be inaugurated in 2017 and the whole project will be finished by 2019. The distance between both areas will be crossed in 19 minutes.
Kounja added that “Linking the two lines will decrease the distance between Mecidiyekoy and Ispartakule to become 45 minutes”
She also said “After finishing the lines between Mecidiyeköy-Mahmutbey Metro Line and Ring-Bahçeşehir, these two will be linked with the Marmaray line”
9 Station are being planned
Mahmutbey – Bahçeşehir – Esenyurt metro project will be 16.4 kilometers long, and it is expected to cost 2.2 billion TRY. It will consist of 9 stations.