After a one-year pause, the construction of the residential building in the center of Tbilisi will beresumed in a few days. Works are carried out by theconstruction company “White Group” which invested over USD 4 million in the project.
According to the company’s chief executive officer George Gonjilashvili, the company started construction in 2008, but in 2011 they were deprived of property and t managed to return it only in 2013 after the new government came to power.
Gonjilashvili suggests that construction of the residential complex will be completed in February next year. He notes the sale of apartments has already begun. A price per m2 is 2 thousand Euro.
“White Group” plans to construct hotels in the near future. George Gonjilashvili refrains from details at this stage, however, adds that hotels are planned to be built not only in Tbilisi but in other cities.