Real Estate

Government Announces Auction of warranty of 100 million for Insurance of Unfinished Construction Projects

The government of Georgia has announced an auction of warranty of gel 100 million with the aim to insure unfinished construction projects, prime minister Giorgi Gakharia noted.

Balavari: Subsidization Brings Very Positive Effect

After enforcement of the state subsidization program, the sales of apartments have regained the July 2019 indicators, Beso Tavberidze, the Balavari construction company founder noted.

Price of Apartments in Tbilisi Decreased by 12% in One Month

In one month, the price of apartments in Tbilisi decreased by 12%.

$ 219,610 Traded on M² Bonds

There is a high demand for Georgian Property Management Group (m² Commercial Assets) bonds on the stock exchange. $ 219,610 was traded on the stock exchange in 2 days.

Partnership Fund to Put Up Borjomi Likani for Auction at Reduced Price

The auction of the hotel "Borjomi Likani" will be held on September 4. The Partnership Fund will put the facility up for auction for $ 30 million.

Real Estate Sales Decreased by 21% in June in Tbilisi

In June, real estate sales in Tbilisi fell by about 21%.

Alliance Centopolis will Present Region’s 1st World Trade Center in Georgia

Alliance Group, the leading Georgian construction-development company, in cooperation with the World Trade Centers Association (WTCA), is developing the first World Trade Center in Georgia.

WEHOST: Price of Renting Apartments Reduced by 70%

The coronavirus pandemic has significantly reduced revenues in the area of ​​daily apartment rentals. The reason is the significant drop in the price of apartments.

HOUSE.GE – New Platform for Finished and Unfinished New Apartments

Over the past few years, the consumer behavior for purchasing apartments has essentially changed, due to various factors.