In a powerful demonstration of Georgia’s booming real estate market, Archi — the country’s leading development company — sold an incredible 644 apartments in its project Grand Avenue by Archi in just five hours — a record-breaking achievement that has stunned the local market, and which marked a major shift in the region’s property landscape.
Nearly 2,000 people attended the sales event. It wasn’t just a successful sales day: it was a moment that showcased not only how much trust buyers place in Archi, but how far Georgia’s real estate sector has come. And it was clear that the buyers weren’t just purchasing homes — they were investing in a vision for the future.
Sitting at the crossroads of Europe and Asia, Georgia has become a hot spot for international investors thanks to its fast-growing economy, low taxes, liberal regulations, and business-friendly environment. Real estate has become one of its most dynamic sectors, with property values steadily rising and more people, both local and international, eager to invest for the promising solid returns.
At the center of this momentum is Archi. With nearly two decades of experience and over 52 completed projects, the company has built a reputation for delivering not just buildings, but entire communities. Archi is setting standards, and their latest project, Grand Avenue by Archi, is proof of that.
Located at 32 Tsotne Dadiani Street in Tbilisi, minutes from Dinamo Stadium and two metro stations, ‘Project Grand Avenue by Archi’ is one of the largest residential developments the city has ever seen — the “New Downtown of Tbilisi.” Boasting a strong focus on quality of life, the project is designed so that 75% of the space is devoted to green areas.
From the start, Grand Avenue was imagined as more than just a place to live: it’s a self-contained urban hub where people can work, study, socialize, and unwind. The plans include a mix of comfort and premium-class apartments, co-working areas, offices, a school and kindergarten, swimming pools (both indoor and outdoor), a padel center, gastronomy zones, a museum, and a bridge and tunnel connecting it to Tsereteli Avenue.
The team of international design experts behind the project includes the renowned Wei Yap Ooi, Jan Dijkema from Chapman Taylor, and Bob Earl of OCULUS.
Archi has made history, yet selling 644 apartments in five hours shows that this isn’t just another development — it’s a movement. People are buying into the idea that a better, more connected way of living is not only possible in Georgia, it’s actually already here — thanks to Archi.
