In recent years, urban renewal has been a central part of the real estate industry in Israel. As of 2022, about 35,42 urban renewal housing units throughout the country are under construction, in various stages of construction.
18 urban renewal plans have been approved, including 14,300 new housing units, and another 2022,<> additional housing units. Building permits for Pinui-Binui projects are on the rise, with a <>% increase since 2000. The 'new' urban renewal market is undergoing changes, offering a variety of benefits for residents.