Geostat: 8,632 building permits issued in Georgia in January–September 2026
In January–September 2026, Georgia issued 8,632 building permits for a total area of 8,654.8 thousand sq. m. Tbilisi accounts for 48.1% of construction work, Kvemo Kartli for 8.9%, Kakheti for 8.2% and Adjara for 7.8%. 2,307 buildings with a total area of 2,543.6 thousand sq. m were commissioned.
Geostat: Tbilisi new-build prices up 5.9% year on year
Geostat reports that the Tbilisi new-build residential price index rose 1.5% quarter on quarter in Q3 2026 and 5.9% year on year. Apartments cost GEL 7,004 per sq. m in Mtatsminda, GEL 6,046 in Vake and GEL 4,444 in Saburtalo. For private houses, Vake is highest at GEL 4,517 per sq. m.
NBG: Rates on some lari loans fall, including mortgages
Annual growth of Georgia's credit portfolio reached 14.8% in August. The National Bank says rates on some lari loans have declined, mainly long-term ones including mortgages. The regulator also expects rising global rates may tighten conditions for foreign-currency loans, without giving timing or scale.
National Bank of Georgia keeps key rate unchanged at 8.25%
The National Bank of Georgia left its refinancing rate at 8.25% after the October 21 meeting. Its 2026 inflation forecast was raised to 5.4%, while inflation stood at 5.6% in September. The next committee meeting is scheduled for December 16, 2026.
Property tax: single income threshold of GEL 100,000
Georgia's parliament adopted in the third reading the abolition of the GEL 40,000 threshold and set a single annual income threshold of GEL 100,000. Below it no property tax is due; above it the rate is 0.8–1% of the market value of the property (land excluded). About 81,000 taxpayers are affected.
National Bank widens the 25% payment-to-income limit
The National Bank's Financial Stability Committee extends the 25% payment-to-income limit to borrowers earning under GEL 2,000 a month from 1 February 2027 and under GEL 2,500 from 1 September 2027 (today: under GEL 1,500). New loans for these groups may be smaller.
Trump Tower Tbilisi project launched in central Tbilisi
A 280-metre, 62-storey tower with about 600,000 m² of space. Investment of around $2 billion; the developers are Archi Group and Invia, with The Trump Organization as partner. The project was presented by the prime minister of Georgia.
Tbilisi: housing deals in July up 22% year on year
4,409 apartments were sold in July (+22%); the average price was $1,348 per m² (+4% over the year). Over seven months: 26,772 deals worth $2.37 billion (Geostat and TBC Capital data).
Short summaries of publications from open sources, prepared with AI; not legal or financial advice. Please check the original source.