GS Development Georgia — a Tbilisi-based property developer operating in the affordable housing segment of the Georgian property market. The company is listed in property developers’ catalogues with projects where the starting price per square metre begins at $1,300. At The company has one project and two active listings on its books, which indicates a small-scale operation and a focus on individual developments rather than large-scale, multi-building complexes.
The company’s current project is a residential block at 39 Mikhail Vashakidze Street in the Gldani (Mukhiani) district. It is a four-storey building comprising just nine flats, ensuring low population density and a private atmosphere. The project is being built using monolithic frame construction with brick external walls, and the flats will be handed over as ‘shell’ units — with utility connections in place and walls prepared for finishing. Completion is scheduled for the first quarter of 2027.
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