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BackFinancing is not the only obstacle to millions of houses in urban transformation
Financing is not the only obstacle to millions of houses in urban transformation
Tech
Cumhuriyet11 hours agoTech2 min readTürkiyeView original

Financing is not the only obstacle to millions of houses in urban transformation

360Transformation platform, developed to provide solutions to reconciliation, transparency and information management problems experienced in urban transformation, has been put into use.

Quick Look

  • According to Urban Transformation Directorate data, the transformation of 2.3 million independent sections in Türkiye has been completed.
  • 360Transformation platform, developed to eliminate transparency and compromise problems in the process, was put into service in Istanbul, Ankara, Izmir and Bursa.

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Why It Matters

Lack of communication, lack of transparency and legal disputes between property owners and contractors during urban transformation processes slow down the transformation.

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According to the Urban Transformation Directorate's October 2026 data, 2 million 761 thousand independent sections have been included in the scope of transformation since 2012 in Türkiye, while the transformation of 2 million 378 thousand independent sections has been completed. Within the scope of transformation activities that guarantee the safety of life and property of 12 million citizens, approximately 351 billion TL of public support was provided as of the end of September for payments such as rental aid, interest support and project and expropriation expenses. However, the problems facing this scale of transformation are not limited to financing.

Reconciling property owners, comparing offers, and documenting decisions also affect the progress of the process. 360Transformation, developed based on these needs, was put into use in Istanbul, Ankara, Izmir and Bursa. The platform, which brings together the parties of urban transformation in a common digital file of the building, is still at an early stage. While the majority of users consist of owners and managers, the contractor and consultant side is gradually expanding.

Architect Serap Sayar Soyyiğit, Founder of 360Transformation, explained the starting point of the platform with the following words: "During our 25 years of experience in the construction and renovation sector, we have closely witnessed the problems faced by both property owners and contractors. Decisions are made in message groups, offers are presented under different conditions and documents are kept in a dispersed manner, making it difficult to follow the process and compromise the parties. There is no common ground that brings together decisions, documents and words in the process that spans years. However, everyone has access to the same information and the decisions are recorded." "We developed the 360Transformation platform to provide a solution to this need and to make the urban transformation process more orderly, transparent and traceable for all parties."

RESEARCH SHOWS ATTENTION TO LACK OF INFORMATION AND TRUST ISSUES

The difficulties experienced in urban transformation are also reflected in academic research. The research, based on a study conducted by local government experts in Istanbul in 2026, reveals that financial difficulties, as well as information pollution, lack of transparency, limited participation and distrust of contractor companies slow down the transformation. Disputes among the owners, selection of contractors, licensing procedures and legal disputes are also added to this.

Sercair Technology and Information Inc. Developed by İTÜ ARI Teknokent at İTÜ ARI Teknokent, 360Transformation aims to prevent decisions, proposals and documents regarding the renovation of the building from being distributed in different channels. In the web and mobile application, property owners can record their decisions with votes and dated minutes. Offers received from contractors on the same specification can be compared side by side. Different versions of contracts and field records of construction progress are also kept in the building's digital file. Thus, owners, managers, contractors and consultants can access the information they need and record their opinions.

DOES NOT GET CYSIONOMA

Developed after twenty-five years of construction and renovation experience and 3 years of field interviews, the 360Transformation platform offers address and parcel summary inquiries and basic building file opening free of charge. The platform does not receive commission from agreements between parties; rankings and visibility don't sell. The impartiality principles of 360Dönüsüm, which builds its revenue model on infrastructure services, are publicly shared on its website.

Open Questions

  • How fast will the number of users of the platform increase?
  • How will the long-term sustainable revenue model of the platform be shaped?

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This article was originally published by Cumhuriyet.

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