NIS 390 Million Mixed-Use Project Planned in Netivot

New development in Ramot Yoram neighborhood to include some 300 housing units and commercial space

According to the report, a new project named D301 is planned in the Ramot Yoram neighborhood of Netivot, comprising approximately 300 housing units across seven buildings, along with roughly 6,000 square meters of commercial and employment space. The land for the project was purchased from the Israel Land Authority for about NIS 90 million. Construction costs are estimated at approximately NIS 300 million, bringing the total investment to about NIS 390 million. The project reflects continued residential development activity in Negev cities.

What this means for land buyers

Such projects indicate ongoing developer interest in Israel Land Authority parcels in Negev areas, and serve as a benchmark for land pricing and economic feasibility in the periphery. For land buyers and investors, these figures provide a useful comparison for purchase and construction costs in similar regions.

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