Another lawsuit against developer Oded Shariki: Delay in apartment delivery in Bnei Brak

A group of 193 apartment owners has filed a lawsuit against developer Oded Shariki, seeking approximately 15 million shekels in compensation for delays in a major residential project in Bnei Brak.

CalcalistAuthors: Dotan Levy, Tomer Ganon
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Another lawsuit against developer Oded Shariki: Delay in apartment delivery in Bnei Brak
Photo: Calcalist / הרצל יוסף

Developer Oded Shariki continues to face significant challenges regarding his major construction project in Bnei Brak. Following previous lawsuits filed against him, a group of 193 apartment owners has recently united to sue for approximately 15 million shekels in compensation for delays in the delivery of their units.

Shariki's project is part of the 'Mehir LeMishtaken' (Price for Resident) program. Located in the northeastern neighborhood of Bnei Brak, it is part of the TAMAL/1045 plan, also known as the Sofrim complex in the Ayelet HaShachar neighborhood. The project involves the construction of 33 buildings, accounting for about half of the 3,000 apartments in the area.

The plaintiffs purchased their apartments in 2021, with a scheduled delivery date of November 30, 2023. According to the lawsuit, a condition for the building permit was the construction of an acoustic wall along the railway tracks and the start of the Herling bridge project. The buyers claim that Shariki began construction without meeting these preliminary requirements and failed to provide real-time updates regarding delays.

In 2023, the mayor of Bnei Brak warned the developer that the construction progress was misleading to buyers as it did not align with the project's prerequisites. Days before the delivery deadline, Shariki notified buyers that construction was complete, without disclosing that the units could not be handed over. Two months later, he attributed the delay to disputes with government ministries, the Israel Land Authority (ILA), and the municipality regarding the bridge and railway infrastructure.

In total, buyers have experienced an average delay of 11.5 months. Furthermore, the plaintiffs claim that many apartments remain unfinished or contain defects that prevent occupancy.

"The defendant bears professional responsibility for the project's construction. Having set the schedules, the developer is responsible for any deviations. It is unacceptable for buyers to rely on false promises regarding a delivery date that turns out to be entirely unrealistic," the lawsuit states.

This is not the first legal action against Shariki's project. In late 2025, 20 buyers sued for 2.2 million shekels, and a year prior, 184 buyers filed a claim for 10 million shekels. The buyers are represented by attorneys Irad Baumel and Yona Zahavi. The company could not be reached for comment.

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