Urban Renewal

Urban Renewal

Rozio Group is one of the leading construction groups in locating and promoting TAMA 38 and Urban Renewal Projects in Tel-Aviv and the area. The Group is managed by the two brothers: Yuval and Yaniv Rozio. Rozio Group has an extensive experience and excellent reputation, which formed over more than a decade of expertise at the forefront of real estate in Tel Aviv. The group is performing both types of TAMA 38 projects: TAMA 38/1 - thickening the existing building and adding new apartments, an elevator and balcony. TAMA 38/2 - demolition of the old building and the construction of a new building, Rozio Group would be happy to examine your building and proposes a strategy that is right, quick and efficient to maximize your desire: a new and Trendy building, with a luxury specification, grand lobby, safe room, balcony and parking space.

Urban Renewal

Rozio Group is one of the leading construction groups in locating and promoting TAMA 38 and Urban Renewal Projects in Tel-Aviv and the area. The Group is managed by the two brothers: Yuval and Yaniv Rozio. Rozio Group has an extensive experience and excellent reputation, which formed over more than a decade of expertise at the forefront of real estate in Tel Aviv. The group is performing both types of TAMA 38 projects: TAMA 38/1 - thickening the existing building and adding new apartments, an elevator and balcony. TAMA 38/2 - demolition of the old building and the construction of a new building, Rozio Group would be happy to examine your building and proposes a strategy that is right, quick and efficient to maximize your desire: a new and Trendy building, with a luxury specification, grand lobby, safe room, balcony and parking space.

Urban renewal

10th Nahlat Benyamin St.

Urban renewal

Urban renewal

21st Ben Atar St.

Urban renewal

Ben Saruk 22-24

Urban renewal

Weizman Pinkas St.

Urban renewal

6th Haeshel St.

Urban renewal

29th Mohaliver St.

Urban renewal

17th Assaf St.

Urban renewal

5th Hovevey Zion St.

Urban renewal

2nd Yehuda Halevi St.

Urban renewal

110th Ehad Ha'am St.

Urban renewal

6th-8th Hatzvi St.

Urban renewal

138th-140th Allenby St.

Urban renewal

15th Moshe Sharet St.

מאוכלס

Contact

Rozio Group would be happy to examine your building and proposes a strategy for the right, quick and efficient project for you.

Tel: 03-5106163
Fax: 03-5101366

The Offer

Set off with peace of mind

The project will be on our expense without any financial cost on your part. While we will construct your new home, you will live in an alternative accommodation of your choice, depending on the conditions and the budget to be agreed together at the beginning of the process. Each project will be accompanied by one of the largest banks in Israel. You also be provided a with full bank guarantee at the worth of your new apartment throughout the whole process.

Professional's Standard

After the Approval of the plan by the local authority and obtaining a building permit, we will perform the demolition of the old building. At the end of the construction process you'll get a new, large, spacious, well-kept apartment, according to the most strict safety standards. You'll get to live in a new, modern and luxurious building without any financial investment on your part.

Together to a new home

To get started and build your new home, the approval of 80% of the apartment's owners is required. After that you will need to appoint a representative committee that will guide you through the process and we will take care for you on a legal advice of your choice. Rozio group will be glad to accompany you throughout the project and answer any of your questions.

Contact

Rozio Group would be happy to examine your building and proposes a strategy for the right, quick and efficient project for you.

Tel: 03-5106163
Fax: 03-5101366

The Process

With you all the way
The TAMA 38/2 is a process that gives you, the residents, security and peace of mind against earthquakes and safety hazards. We invite you to participate in urban renewal process with a group that has a financial strength and professional service. The new property value will rise significantly and your economic future will be assured for the long-term. In the TAMA 38/2 process, we will demolish the old building and the new building will be with a rich and modern specification.

The process will include:

  • Extension to the new apartments
  • Luxurious specification for each apartment
  • An elevator in each building and luxurious lobby
  • Underground parking for each apartment
  • Sun Terrace for each apartment
  • Safe room in each apartment, according to the Standard
  • Closed bank accompaniment for the project
  • Bank guarantees by Law with the worth of the future apartment
  • The cost of transport to the apartment and return to new one
  • Rent payment throughout the construction period
  • The Fees payment of the tenant's lawyer
  • The Fees payment of the tenant's Inspector

Contact

Rozio Group would be happy to examine your building and proposes a strategy for the right, quick and efficient project for you.

Tel: 03-5106163
Fax: 03-5101366

Common Terms

TAMA 38

A national plan of strengthening existing buildings against earthquakes. TAMA 38 encourages strengthening structures that was built before - 1.1.1980. TAMA 38 gives local committees the authority and discretion to add additional building rights. There are two kinds of TAMA 38: TAMA 38/1 - building additions and strengthening the current building. TAMA 38/2 - demolition the old building and rebuilding a new one.

The required majority

To get started with TAMA 38 project is possible with the signatures of 80% of the owners in the building. There is no need for the approval of all tenants.

Recalcitrant tenant

A tenant that isn't interested in TAMA 38 project. If you do not manage to reach an agreement between the parties - the Commissioner signed the agreement on behalf of the recalcitrant tenant.

Taxation

TAMA 38 project contains several types of taxes, including betterment tax, improvement tax, acquisition tax, VAT and other levies such as construction fees and more. Taxes which apply to the contractor.

Prerequisite

TAMA 38 is not valid for buildings whose height doesn't exceed to two floors and total area doesn't exceed to 400 sqm. Buildings that are not occupied most of the time, such as warehouses and Structures determined for demolition under court order.

Legal advice

Every building has the right to hire a lawyer to represent them. The funding applies on the contractor.

Inspector

Every building has the right to hire a building inspector to preserve the existence of the technical specification sections during the construction work and supervise it. The funding applies to the contractor.

Contact

Rozio Group would be happy to examine your building and proposes a strategy for the right, quick and efficient project for you.

Tel: 03-5106163
Fax: 03-5101366

Contact

Rozio Group would be happy to examine your building and proposes a strategy for the right, quick and efficient project for you.

Tel: 03-5106163
Fax: 03-5101366