Underway: construction of 220 long-term rental apartments for the ultra-Orthodox public in Bnei Brak

Posted on Jul 1, 2021 by Ifi Reporter - Dan Bielski

The construction of 220 long-term rental apartments for the ultra-Orthodox public in Bnei Brak is underway: The Ashtrom company, headed by Rami Nussbaum, won a tender this morning (Thursday) for an apartment to rent in the city, on the border of Hayarkon Park.
These units will be built as part of a huge plan of the Committee for the Preference of Preferred Housing Complexes (Hotamal), approved in June 2018, which plans to build about 2,100 housing units in various areas, alongside public institutions, commercial areas, and open public areas.
This new residential complex, which will cover an area of ​​about 790 dunams, will be located north of the built-up urban area of ​​Bnei Bank and the Mother Colonies Road, and near Highway 4. According to the government company Apartment for Rent, the rental housing units in the project will be built in five buildings. Of public institutions and commercial facades to the extent of about 900 square meters. This is the fifth project to rent an apartment that Ashtrom will build - which is currently building and operating more than 1,400 long-term rental housing units in the Neot Peres projects in Haifa, the GDNA complex and the nursery complex in Tel Aviv - and the small Hadassah project in Jerusalem.
This new residential complex, which will cover an area of ​​about 790 dunams, will be located north of the built-up urban area of ​​Bnei Bank and the Mother Colonies Road, and near Highway 4. According to the government company Apartment for Rent, the rental housing units in the project will be built in five buildings. Of public institutions and commercial facades to the extent of about 900 square meters. This is the fifth project to rent an apartment that Ashtrom will build - which is currently building and operating more than 1,400 long-term rental housing units in the Neot Peres projects in Haifa, the GDNA complex and the nursery complex in Tel Aviv - and the small Hadassah project in Jerusalem.
Ashtrom will be obligated to operate and maintain the project for a period of 20 years (the total lease period), through a management company and in accordance with a maintenance specification defined in advance by the apartment for rent. Specifying unique emphases and completions to adapt the construction of the project to the ultra-Orthodox public - such as a requirement to build Shabbat elevators, installation of sukkah balconies for all apartments and double or separate sinks.
With the announcement of the victory, the Minister of Construction and Housing, Zeev Elkin, stated that he intends to "promote the housing sector for long-term rent, as part of the range of housing solutions offered to Israeli citizens. This is an ideal solution for young couples." "On the good news they bring to the residents of the city and the surrounding area, in the first project for long-term rental housing in the city that will meet the demand in the area."


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.