Fatih

The Grand Bazaar has been named the ?most valuable spot? in Istanbul, with rent worth around $3,500 per square meter per month, according to a new study by Turkey?s Eva Real Estate Valuation Consultancy. 

The Kalpakç?lar Caddesi, a street in the Grand Bazaar full of jewelry and gold shops, is the most expensive street in the Grand Bazaar, according to the study. 

Three suspects have been detained in an operation against a terror organization launched at dawn on Aug. 4 in multiple Istanbul districts. 

Police launched an operation against the outlawed Revolutionary People's Liberation Party-Front (DHKP-C) early Aug. 4, during which they raided 13 addresses in Istanbul's Sultangazi, Ba?c?lar and Gaziosmanpa?a districts. 

Recent bomb scares have put people across Turkey on high alert, as a large number of bomb threats have been faced over less than two weeks in multiple provinces in the country, amid a series of violent acts spiraling across the country. 

A 106-meter-long Sierra Leone-flagged dry cargo vessel named the Majed and Randy crashed into the Ethem Pertev mansion, which dates back to the 1860's, on the shore of the Bosphorus in Istanbul at 12:54 p.m. on July 21 due to problem with the ship's rudder, thus causing pecuniary damage. No injuries or environmental pollution were reported.

An Istanbul court has annulled a large number of reconstruction project plans for multiple places in Istanbul's centuries-old historical peninsula, stating that the projects will ease modern city life, but damage the peninsula's original fabric.

The general manager of Emlak Yönetim, a property management company with organic ties to the government?s Housing Development Administration (TOK?), lacks necessary educational credentials and used to work as an attendant for former Minister Erdo?an Bayraktar, daily Cumhuriyet revealed July 10. 

The Istanbul Police Department Counterterrorism Unit launched a pre-dawn operation in Istanbul on July 10, with at least 30 arrest warrants against people allegedly helping the Islamic State of Iraq and the Levant (ISIL) recruit people from Europe.

Turkey has been experiencing an ambitious urban transformation process for a couple of years. This initiative, which covers the reconstruction of seven million properties across the country, offers great opportunities to have a housing stock of high quality in Turkey, which has been the site of numerous destructive earthquakes, but the ongoing process has serious judicial problems. 

The Turkish state earned 356 million Turkish Liras ($133 million) from the tolls it collects on two bridges over the Bosporus and its national highways during the first five months of 2015, official figures revealed June 24.

Archaeological excavations carried out for the restoration of Kuruçe?me facilities in Istanbul has unearthed many historical artifacts from the late Ottoman era. Among the findings are the remains of a bath and laundry as well as aqueducts.