Tbilisi, as the capital of Georgia and a regional economic hub, is actively continuing the process of urbanization and infrastructural development. These trends are directly reflected in the real estate market, which is one of the most dynamic and promising sectors in the country. The modernization of the city’s central districts, the creation of new residential and commercial zones, the improvement of transport infrastructure and ecological projects create a variety of opportunities, but at the same time they also pose significant challenges.

The growing importance of suburbs

While central districts of Tbilisi, such as Vake and Saburtalo, continue to maintain their popularity due to their developed infrastructure and living conditions, in recent years suburbs have rapidly become the main trend in the real estate market. Neighborhoods such as Didi Dighomi, Gldani, Avchala, and Ponichala are in the spotlight for several key reasons:

Green environment: Suburbs offer residents a quiet and relatively environmentally friendly environment, which is especially attractive to families who prioritize clean air, green spaces, and a safe environment for children (for example, the area surrounding Ponichala).

Improvement of transport infrastructure: The construction of new roads and public transport lines significantly improves the connections of suburbs with the central parts of the city. For example, in Gldani, new projects, along with improving living conditions, also increase the attractiveness of real estate.

Development potential: Real estate projects in suburbs are often larger than in the center, which gives developers the opportunity to create multifunctional complexes that include both residential and commercial and social infrastructure.

In recent years, Tbilisi has seen a growing demand for energy-efficient and eco-friendly residential complexes. Such projects help reduce utility costs and protect the environment, which is especially important for the future development of the city. Developers are paying increasing attention to the introduction of modern technologies that offer consumers comfortable and sustainable living conditions.

Opportunities and Challenges

The real estate market in Tbilisi is full of opportunities, but rapid urbanization also poses significant challenges. Insufficient level of infrastructure support, traffic jams, and the vulnerability of historical buildings complicate the long-term development of the city. At the same time, rising real estate prices create an accessibility problem for the middle-income population. One of the main values ​​of the construction company "Solum Development" is precisely the offer of affordable and high-quality real estate.

Tbilisi's urban development trends have a significant impact on the dynamics of the real estate market. The suburbs are at the top of the list of the most popular areas. Along with demand, prices are also increasing, approaching prices in the center. The suburbs of the city, due to their ecological advantages and potential for infrastructure development, are increasingly attracting both local and international buyers. An ecologically clean environment, modern transport connections and multifunctional complexes are pushing the suburbs to become the main vector of city development.