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Profits of the Turkish Real Estate Registry Directorate exceeded 2 billion USD

Last Updated: 2020-07-06
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Turkish Land Registry Directorate profits exceed 2 billion dollars
 
2,014,334,000 USD the proceeds of the Turkish Land Registry Directorate came from real estate procedures.
During the past year of 2019, almost 10,892,283 real estate procedures were implemented within the Directorate of Land Registry and its branches throughout the Turkish Republic and abroad.
Istanbul ranked first among the most implemented states of real estate procedures, followed by the rest of the states in the following order:                                                                                                                                                                                                                                                                                                                                                                                                                   
The state
Number of real estate procedures
Financial revenues
Istanbul
1.271.473
564,880,404 USD
Ankara
770.829
184,672,06 USD
Izmir
570.949
119,910,695 USD
Antalya
406.633
104,530,447 USD
Bursa
395.087
80,702,553 USD

The proceeds of the Land Registry Directorate's services amounted to 10,907,000,036 Turkish liras (1,800,458,910 USD), and value of working capital returns amounted to 1,163,000,312 Turkish liras (191,980,770 USD), and
Stamp tax returns amounted to 127,451,000 Turkish liras (21,038,808 USD)
The total financial returns of the Land Registry Directorate during the past year are 12,197,800,000 Turkish liras (2,014,334,000 USD).
Last Updated::2020-07-06

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