Leviev Group Targets the Haredi Market With 4-Room Apartments in Beitar for 2.4 Million
The “Mishkenot Hadarim” project brings a luxury standard to the heart of an existing neighborhood, with seven boutique buildings, spacious apartments with expansion options, specifications tailored to the Haredi sector, and payment terms of 15% now and the rest upon occupancy, without indexation. The last opportunity on Giva A in Beitar, a spacious four-room apartment, pay only 15% and the rest upon occupancy | Photo: PR 10 10 0:00 / 1:05
The city of Beitar Illit is at a real estate boiling point. Haredi families today are looking for much more than four walls, they demand quality of life and a communal living experience. LEVEL ONE Group has entered the picture and is advancing a residential project with a promise not seen before. We met with Amnon Merhav, the company’s CEO, who shed light on the development taking shape in Beitar and affecting the entire sector.
Beitar Illit, the third largest city among Haredi cities, is maturing and changing its face. The new project, “Mishkenot Hadarim,” which is set to be built just 18 minutes from Jerusalem, seeks to set a new benchmark in architectural planning and quality of life for families looking for the right combination of refined modern design and a warm communal environment. Behind the project stands LEVEL ONE Group, which aims to bring the Haredi sector a new and groundbreaking housing standard by local terms.
The last opportunity in sought-after Giva A, leave details now in the attached form to schedule a meeting and receive a parking benefit! (Photo: PR)
In a special interview, Amnon Merhav, who previously served as director general of the Ministry of Economy and Industry, says the project’s natural target audience consists of families from Beitar and nearby Haredi cities looking for a significant upgrade in quality of life. Unlike new projects being built in isolated areas that are still in the stages of development and infrastructure construction, “Mishkenot Hadarim” enjoys a clear prime location advantage. The project is located inside an existing, active neighborhood. For buyers, this means entering a living, breathing environment where all the infrastructure, educational institutions and community services are already operating at full capacity. In fact, this is the last remaining land reserve for construction in sought-after Giva A.
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The project consists of 7 boutique buildings, each about 6 stories high, with a total of about 200 housing units. When asked whether this is a “mini-neighborhood,” Merhav prefers to be precise and calls it a “mini-community.” Beyond the buildings themselves, the company is developing an internal and well-appointed green public area within the project compound. This approach creates a safe community ecosystem that perfectly complements the hilly, green and open landscape surrounding the buildings.
The project’s design and planning speak the language of making a statement. As Merhav notes, the standard offered here is anything but trivial in the construction landscape of Haredi cities, or Beitar Illit in particular. This is reflected in rich architectural planning that includes a luxurious lobby and two elevators in each building. In addition, the build quality includes an underground parking garage, with each apartment assigned a parking space and private storage room.
The project’s architecture does not stop at the exterior appearance, but also addresses the smallest and smartest needs of the Haredi family. The apartments are spacious and include unusually large family rooms. The planning takes into account convenient designated spaces for strollers and bicycles, and also looks ahead, the project allows future planning flexibility with permitted options for additions, expansions and divisions when needed. Of course, every apartment in the project includes a sukkah balcony.
“Mishkenot Hadarim” also offers a rare financial opportunity. With four-room apartments starting at 2,420,000 shekels, and unique payment terms of 15% to 85% without linkage to the index, along with a 50% discount on underground parking for buyers of four to six-room apartments, the project sets excellent entry conditions. This is likely the last opportunity to purchase a dream apartment in the final new project on Giva A, and as the slogan sums it up most accurately, simply, “live in splendor, grow in Beitar.”
