Gindi Holdings’ new apartment offer comes with a price distinction buyers need to see: the company’s official campaign terms say the displayed price excludes loan principal the buyer must repay later. The repayment period differs between projects.
The campaign was launched on 2 November, according to Calcalist’s report on 3 November 2026. It reportedly covers about 300 apartments across Galil Yam in Herzliya, Ramat Efal and Kfar Azar in Ramat Gan, and Neve Ayalon in Or Yehuda.
What the developer’s terms actually say
The legal note on the campaign page gives the following repayment periods:
| Project | When the loan is due |
|---|---|
| Galil Yam, Ramat Efal and Neve Ayalon | 10 years after occupancy |
| Kfar Azar | 8 years after occupancy |
The company says it will bear interest and indexation on that loan, subject to the promotion’s terms and the lending bank’s approval. This wording concerns the deferred loan; it does not establish that every other payment in the purchase is free of financing or indexation costs.
Put the deferred loan back into the price
Israel Hayom and Mako reported these examples on 3 November:
| Example | Price excluding the loan | Including the reported ₪900,000 loan |
|---|---|---|
| Five-room apartment, Galil Yam | ₪4.2 million | ₪5.1 million |
| Five-room apartment, Ramat Efal | ₪3.3 million | ₪4.2 million |
Those totals are purchase-price examples, before any other applicable transaction costs. They are not quotations for every apartment in the campaign. We verified the price-exclusion wording directly on Gindi’s site; the amounts above come from the named reports.
For the Galil Yam example, a buyer comparing the offer with another apartment should start with ₪5.1 million and then compare the timing and cost of financing. Using ₪4.2 million as the entire purchase price would leave ₪900,000 out of the comparison.
The developer’s claimed financing benefit also needs its own calculation. Israel Hayom reports an estimated benefit of ₪600,000 to ₪700,000, attributed to Gindi. That is a marketing estimate, not a verified cash discount. Its value to a particular buyer depends on the alternative financing and the price available without the promotion.
The future payment still needs a funding plan
Here is a simple calculation using a hypothetical ₪900,000 balance. It assumes someone starts saving from zero at occupancy, earns no return and makes equal monthly contributions:
| Time available | Monthly saving |
|---|---|
| 10 years, or 120 months | ₪7,500 |
| 8 years, or 96 months | ₪9,375 |
These are our arithmetic illustrations, not loan instalments or quoted terms for a particular unit. They do not imply that a ₪900,000 loan is offered in every project. Any ordinary mortgage payment and household spending would be separate. A plan that depends on taking another mortgage at maturity needs to allow for the possibility that the future bank offer will be different from today’s.
Earlier coverage
Our April report on Gindi’s Kfar Azar offer describes an earlier campaign with different advertised terms.
The broader checks for deferred-payment purchases are in our 20/80 new-build guide; current borrowing-limit background is in our mortgage and down-payment guide.
Compare the exact apartment and its complete payment schedule
For this campaign, ask for the chosen unit’s full contractual price, the loan principal, the precise maturity date and the written financing conditions on the same document. Have your lawyer and mortgage adviser reconcile those figures with the sale and loan agreements. The useful comparison is the total commitment and its dates.
Looking at new homes in central Israel? Tell Semerenko Group your location and total budget so the property search starts with the complete purchase price.
Reporting note: AI-assisted research and writing, compiled for Semerenko Group from the linked developer terms and dated reporting. No purchase contract, individual credit approval or completed transaction was independently inspected. Semerenko Group is a real estate business. Information checked on 3 November 2026.
