chapter  7
Legal and institutional fundaments of expropriation and compensation issues in Turkey
ByHarun Tanrıvermiş, Yeşim Aliefendioğlu
Pages 40

To achieve the high growth rate in developing economies, real estate (land, buildings and easements) acquisition and expropriation has assumed critical importance in the framework of neo-liberal economic thought. Public and authorized private institutions are bent upon large-scale land acquisitions for industry, trade and infrastructure investments. During work conducted toward land acquisition for public services and the compensation of landowners, there are discussions in terms of the nature of investment, the nature of the investing institution and the location of investment in Turkey. In the Turkish Legal System, the compensation is calculated according to the regulations, and the entire process of compulsory purchase must be in accordance with legal dispositions. When expropriation practices for transportation projects, issues and their impact on the investment cost are evaluated, free land acquisition through such methods as land consolidation and zoning applications is found to be advantageous.