Real Estate

Kartu Group's Skyscrappers Project Faces Setback

Plans for a multi-functional complex with two skyscrapers in the center of Tbilisi have been halted due to criticism, and the company behind the project will need to submit a new application.

Sales of High-Priced Apartments on the Rise in Tbilisi; Which Districts Are Seeing Increased Demand?

According to the monthly review of Tbilisi residential real estate by TBC Capital, there has been a significant increase (17% YoY) in the number of apartments sold in Tbilisi in January 2023.

Real Estate Prices Expected to Rise in Georgia Due to New Regulations and Standards

Real estate experts in Georgia anticipate a 15-20% increase in property prices in the long term.

Rent Prices Increased by 77% in Tbilisi

In December 2022, the price of residential real estate for rent in Tbilisi increased by 103% year-on-year, and decreased by 3% compared to the previous month.

Capital City Invested ₾12 Million in Building a Residential Complex in Gori

Residential buildings are being built in Gori, near the sports complex. In the buildings built with an investment of ₾12 million, the price per square meter starts at $550. 

General Director of m²: We are Building the First Skyscraper in Tbilisi

m² is building the first skyscraper on Marshal Gelovani Avenue in Tbilisi. The general director of the company, Nikoloz Medzmariashvili, announced this in the "Forbes week" program.

New Skyscrapers Project Announced in Tbilisi's City Center

A major real estate project is planned for implementation on Heroes' Square in the Tbilisi City Centre.

₾2 Million Invested in Construction of Residential Complex in Telavi

A brand-new residential complex called TelaValley Residence has begun building in Kakheti, Telavi, on a 20,000 square meter plot of land.

Arsi Director: 8 Out of 10 Apartments Were Sold as Investments This Year

Beso Ortoidze, General Director of "Arsi," claims that, up until 2022, the majority of apartments in their developments were purchased for residence, but that situation has completely changed this year.