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Pinui Binui

Pinui Binui projects are intended to upgrade old or neglected urban areas to modern, well-maintained and advanced residential areas, with the aim of improving the quality of housing and quality of life of the residents, along with optimal utilization of land while maintaining green space in the city centers. In the Pinui Binui project, the tenants of the selected area voluntarily vacate in favor of the temporary alternative housing, which the developers finance. The old buildings are demolished and in place modern buildings are built. Tenants receive newer and larger apartments with rich technical specifications, including elevators, security rooms, storage rooms, private parking spaces, service rooms and more.

In the areas declared as construction evacuation complexes, building rights and taxation benefits are provided to tenants which encourage the departure o the joint venture between the developer and tenants.

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Pinui Binui - Social Aspects

Most of us tend to recognize the evacuation plan as a purely commercial process, a deal between an entrepreneur who wants to make a profit and the apartment owner who wants to expand the apartment/improve the property and quality of life. But this is not completely accurate. The Pinui Binui process with Hitchadshut includes very broad social aspects beyond the commercial side. The company takes care of the welfare and benefits of the tenants, both in the process and in adapting the end result to the lifestyle of veteran residents.

Social Support and Community

Social assistance for the residents in the complex by social consultants accompanying the procedure.

Our Role as Your Escorts

To assist in the optimal planning of the future project, addressing the needs of tenants, mapping of segmental populations and specific needs that may arise during the procedure.

Practical Tools for Escort and Assistance

Social Overview: Conduct a social survey that maps the existing population in the complex today and its future to enter and characterize it. The conclusions of the survey are embedded and integrated into the Pinui Binui process and help the entrepreneur to support the tenants.

Examples:

Funding maintenance fees (Vaad Bayit) of the new building, made for disabled tenants.

Helping the older population of the building and finding suitable solutions, such as sheltered                            housing, etc.

Building an assortment of apartments suited to the population living there.

Why does it pay off?

Pinui Binui is a combination deal that everyone benefits from: Tenants – larger, new apartments with rich technical specifiations. Developer – additional building areas that he can market to the public and the state. Improving Infrastructure – improving infrastructure and saving open space.

The Majority Determines?

The Pinui Binue Law, enacted in 1965 with a central prupose to revitalize pverty complexes, allows the Ministry of Housing and Construction to declare an area designated for evacuation of residents, in order to demolish the buildings and build new residential buildings instead. The law gained validity and momentum in 2006 when an amendment was added to the law that reduced the percentage of consent required of all tenants to progress the project to 80% agreement.

A Typical Project, from Start to Finish

3-6 months

A majority signature required on the indemnity planning power.

24-36 month

Ta’ba certification

8-14 months

Notifying and committee decision

3 months

Obtaining a building permit

קבלת היתר בניה

18-24 month

3-6 months

A majority signature required on the indemnity planning power.

24-36 month

Ta’ba certification

8-14 months

Notifying and committee decision

3 months

Obtaining a building permit

24-36 month

Total planning and approval phase

3.5 - 5 years

Total planning and approval phase

3.5 - 5 years

Total project period

6-8 years