Biograpi Living Developing Four New Projects in Tbilisi’s Expanding Real Estate Market
Biograpi Living
5 min read
TBILISI, GEORGIA / ACCESS Newswire / March 6, 2025 / Tbilisi's real estate market showed steady growth throughout 2024. In December 2024 alone, 3,940 property transactions were recorded, marking a 7% increase compared to December 2023. The sector benefited from a stable demand for residential properties and strong developer activity supported by increased construction permits. Development companies have been actively working on new projects throughout the city. One such company is Biograpi Living, which is developing four major projects - Sakeni, Matiani, Chantan, and Hisni - across central parts of Tbilisi. Biograpi Living by Wissol Group and Riverside Invest, introduces the innovative 15-minute city concept, a new approach to Tbilisi's architectural landscape. Residents can access essential services, workplaces, and recreational spaces within a short walk and save time.
Sakeni
The first project by Biograpi Living - Sakeni is a multi-story residential complex located at 25 Vazha Pshavela Avenue, one of Tbilisi's most dynamic and well-connected areas. The complex is built with energy efficiency in mind, reducing heating and cooling costs for residents while ensuring long-term sustainability. The communal areas of Sakeni exhibit a range of useful features, including a municipal green zone spanning 2,000 square meters, providing a valuable sanctuary for rest and recreation. Additionally, the residential complex includes a 25-meter swimming pool, spa center, mini-tennis court, and fitness room.
The construction is being carried out by the company "Anagi," which has many years of experience in the industry and a strong business reputation. It is financed by the Bank of Georgia. The total value of the project amounts to 72 million USD, with the Bank of Georgia investing 41.5 million USD. Wissol Group has a long-term and successful partnership with the Bank of Georgia. Block installation has already begun, and reinforced concrete work is actively underway.
Matiani
Matiani is a multifunctional complex located in Tbilisi's oldest district, Didube. It offers a mix of residential, office, and commercial spaces. The complex is situated on Akaki Tsereteli #45, one of the city's central avenues. In Matian's vicinity, important facilities are within walking distance, including Dinamo Stadium, Didube Pantheon, Mushtaidi Garden, and Central Railway Station, as well as kindergartens, schools, and medical services. In terms of public transport accessibility, the residential complex is conveniently located near the Tsereteli metro station and bus stops. Hydro insulation was fully applied to the foundation using high-quality Sika materials before concreting. Reinforcement and concreting of the vertical elements are actively underway.
Chantan
The multifunctional residential project "Chantan" comprises two blocks: an 8-story building and a 19-story building. The project integrates residential and commercial spaces and is situated in a historically significant location, facing Mushthaid Garden. The first block is covered in exquisite Italian terracotta, and the second block is adorned with facade stone. Terracotta is highly resistant to temperature and ultraviolet radiation. Similarly, the façade stone is characterized by its exceptional resistance to external factors and maintains its appearance for a long time. Preparatory work for the foundation piles of the high-rise building has been completed. Additionally, preparations are underway for the commencement of drainage and insulation works.
Hisni
Biograpi Living's fourth, the most large-scale project, including 4 towers, Hisni integrates residential and commercial spaces and is situated in a historically significant location close to the old town of Tbilisi. Hisni is located in the oldest district of Tbilisi, Isani, at 69 Queen Ketevan Avenue. It is a 36-floor, multifunctional complex of insulation materials that play a crucial role in Hisni's design. Equipping spaces with sound insulation systems maintains warmth and a cozy atmosphere.
Biograpi's Quality Standards
Biograpi Living has partnered with top-tier companies to ensure the highest levels of safety and quality in its construction:
Biograpi Living has signed an exclusive cooperation memorandum with Schueco, the world's leading aluminum door and window manufacturer. Unlike other manufacturers, Schueco exclusively uses its own system accessories, ensuring perfect compatibility, long-lasting performance, and maximum efficiency.
Biograpi's projects will feature Schindler elevators. A global leader in elevators, escalators, and moving walks, Schindler is known for cutting-edge engineering and high-performance mobility solutions that ensure comfort, efficiency, and reliability.
The international expert group Meinhart oversees general engineering safety, ensuring the projects adhere to global standards.
Acustico, a company renowned in the field of acoustic architecture, ensures that Biograpi's projects meet sound insulation standards for a comfortable living environment.
German company NBK is responsible for Biograpi's facade engineering to create a visually appealing and energy-efficient exterior.
Final Thoughts
Tbilisi's real estate market continues its expansion, driven by growing demand and significant investments in new developments. Biograpi Living by Wissol Group and Riverside Invest offers four major projects - Sakeni, Matiani, Chantani, and Hisni, which are strategically located in central parts of the city with the best investment opportunity, with 12-14% ROI. Construction is actively underway, so these projects will soon contribute to the city's dynamic growth. Multi-functional complexes will host premium commercial establishments, including Gastronome Hypermarket, an Octopus swimming pool, a modern fitness center, and dining options such as Paul, Bistro by Gastronome, Dunkin, and SKA. Biograpi Living is set to improve urban living in Tbilisi.
