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Economy11:02 · Jun 15

Leviev Group’s entrance into the Haredi market drives strong demand in Beitar Illit project

Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English

Leviev Group’s move into the Haredi housing market is drawing strong interest to its new project, Mishkenot HaDarim, in Giva A in Beitar Illit. The development is already underway, and the local market has responded with rising demand from buyers who see it as a major opportunity.

The project is being marketed as a premium residential option tailored to Haredi family needs, with large, spacious apartments built to Leviev Group’s standard. The developers say the combination of high construction quality and a strong financial backing has helped create unusual momentum around the project.

A major selling point is price and payment structure. Four-room apartments start at 2,240,000 shekels, and buyers are being offered flexible 15/85 terms, meaning 15% is paid at signing and the remaining 85% only before occupancy. According to the report, this reduces pressure for families who would otherwise face mortgage payments alongside rent and allows for more orderly financial planning.

The article says the mix of premium apartments, attractive pricing, and favorable financing has made the project a standout in a difficult housing market. Inventory under these terms is shrinking, and the developers are urging interested buyers to leave their details to arrange a no-obligation sales meeting.

Read the original at Kikar HaShabbat
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