Despite numerous constructions in the capital, the demand for real estate is increasing. Developers take into account the wishes of consumers and the modern trend in the market, according to which they plan the construction of residential buildings or complexes. Recently, the construction of neighborhood-type settlements or residential complexes has become more and more relevant, where: a residential building, a recreational area, above-ground and underground parking are combined in one space, which offers potential residents the opportunity for maximum comfort and a harmonious life. Accordingly, along with the increase in consumer demand, the expectations also increase, which ultimately leads to an increase in prices in the market.

The experts' assumption about maintaining the trend of price growth expected in the market in 2023 comes true. From the updated review published by TBC Capital, it can be seen that in February, the average sale price of apartments continued to grow and equaled 2,840 GEL. Which is 3% more compared to the previous month, and 30% more compared to the year. As for the average rental price in February, compared to January, the rent increased by 5.1% and reached 32.75 GEL. Compared to February 2022, the rental price has increased by 125%.

According to the data of the month of February 2023, the number of apartments sold exceeded the indicator of January by 19%, and the data of February of last year by 12%. Didi Digomi was named the most sought-after area, which is also distinguished by the highest level of new apartment sales, with an 8% increase compared to the previous year. In February 2023, compared to the previous year, the highest increase in sales of new apartments was recorded in Nadzaladevi (+250%), Didube (+64%) and Gldani (+37%).

We will introduce you to the statistics of which square footage apartments are in the greatest demand and what is their percentage share according to the apartments sold in February 2023:

• Apartments with an area of ​​less than 75 square meters - 71%;
• Apartments with an area of ​​50 to 75 square meters - 41%;
• More than 125 square meters - 6%.