
0:56
The speaker explains that Turkish construction firms rely exclusively on bank financing to launch new projects, and realistic profit ratios are close to 1:1 rather than the exaggerated 1:5 or 1:3 returns sometimes claimed. A $10 million project typically yields $18‑20 million in revenue, which translates to modest margins for builders, forcing them to continuously generate new projects. Successful firms achieve rapid delivery and immediately start the next development. The speaker cites Bingatti as a prime example, currently constructing the massive Mercedes‑Benz Places City with an $8 billion budget on roughly 130 dönüm of land, and mentions upcoming townhouse projects nearby. An internal project is also referenced as still incomplete.










