CONSTRUCTION & REAL ESTATE 

The construction industry is the most rapidly growing industry in the Georgian economy. Construction in Georgia enjoys high rates of output and employment growth over the past few years, with the strong upward trend expected to continue. The construction field continues to attract increasing foreign investment and banks are continuously increasing their involvement in the sector. Construction companies operating in Georgia are working to meet a growing demand for new, modern living accommodations and office and industrial spaces that meet the highest standards.

Major reforms have been carried out in recent years to simplify the process of issuing permits in the construction sector. As a result, procedures are simplified; a "one-stop-shop" is responsible for issuing permits before a statutory time limit, after which silence means consent.

Projects:


Name:  Didi Dighomi  
Location:City Tbilisi, Didi Dighomi District
Type:Residential & Commercial
Construction Volume:9 000 M2
For sale:600 M2 Commercial/Office Space
Price:600 USD per M2
Status:Completed Project
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Name: Office Center in Vake  
Location:City Tbilisi, Vake district
Type:Office Center
Size:2500 M2 building, with four office levels, underground parking and veranda.
For sale:Whole building is for sale
Price:$3,000,000
Status:Rented, with 11% annual return
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Name: DAVID AGHMASHENBELI 
Location:one of Tbilisi's central streets
Goal:restaurant /supermarket /any other commercial designation
Size:613 m2 basement
Buying price:1,500,000$ or joining partnership combination
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Name: Restaurant Space 
Location:City Tbilisi, Aghmashenebeli Str (one of Tbilisi's central streets)
Type:Ideal for restaurant /supermarket /any other commercial designation
For Sale:613 m2 basement
Price:900 000 $
Status:Currently rented
Name: KVARIATI- SUNSET -www.kvariati.net 
Location:Region Adjara, Kvariati Resort
Type:Hotel Type Residential Complex
Construction Volume:7000 M2
For sale:Studio Flats, 1-3 bedroom flats and penthouses for sale
Price:1600 $ Per M2
Status:Due end of 2011
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Name: Office Center Project / Ortachala  
Location:City Tbilisi, Ortachala District, next to government offices
Type:Office & Commercial Building
Construction Volume:4000 M2
For Sale:Office and commercial spaces
Price:office 1500$ per M2, Commercial 2000$ per M2
Status:Plans are approved for further development
Name: Didi Dighomi 2 
Location:Tbilisi, Didi Dighomi District
Type:Residential
Construction Volume:5000 M2
For sale:1-3 bedroom apartments
Price:500$ per M2
Status:Ongoing, Due 2012
Name: Rustavi 
Location:City Rustavi, 10 KM southern to Tbilisi
Type:Land for commercial & residential development
Plot Size:32 Hectares
For sale:Land Plot is for sale whole or by peaces
Price:30$ per M2
Status:Land for further commercial & residential development
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Name: Tzinamdzgvirishvili Project 
Location:City Tbilisi
Type:Residential & Commercial
Construction Volume:3000 M2
For sale:2-3 bedroom apartments and commercial space
Price:Residential: 700 $, Commercial 1500 $
Status:Plans approved for further development
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Name: View Point  
Location:City Tbilisi
Type:Land
Plot Size:55 Hectares
For Sale:Several land plots for sale
Price:40$ Per M2
Status:Currently agriculture land, designated by internationally well know architects for a large residential and commercial project.
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