Tsavkisi Panorama, a district with modern standards, offers its customers a calm, safe, and ecologically clean environment, and its concept creates a unique residential area in the existing market.
“Tsavkisi Panorama” team successfully implemented the project and offered its customers a new standard of the ideal life. Gegi Vasadze, the managing partner, tells us how this project captured a unique niche and why it is so in demand.
“Living in a private settlement planned suburbs is a well-established and tested practice in Western countries. By living outside the city, you contribute to urban development with road infrastructure and communication networks. Suburbs do form as comfortable settlements free from noise and unnecessary distractions. Creating such areas with proper planning allows you to separate from each other living environment and the city center/working place. Back in 2007, while working on the “Tsavkisi Valley” project, we knew that the trend of living in a healthy environment outside the city would be growing and in demand. We had a desire and ambition to offer our customers Western practices and high standards. With preliminary studies, it became clear that we were correct when we decided to create a settlement in an ecologically clean environment, where the most significant part of the project do dedicate to green spaces and eco-friendly infrastructure. We wanted to allow our customers to live comfortably in separate living areas.
All of this was what a person with a modern lifestyle needed. During project planning, we’ve tried our best to take into account all the requirements that existed in the market, and this is the reason why the project of the “Tsavkisi Panorama” has become so popular and in demand.” – Says Gegi Vasadze.
Tsavkisi Panorama is a place designed with individual plots of land, surrounded by a 15,000 m² recreational area, tennis, football, and basketball courts, entertainment spaces for children, a bicycle path, a skatepark, and a walking alley, with amazing panoramic views of Tbilisi.
85% of the project was sold already. Therefore, it is planned to be finished one year earlier. Gegi Vasadze tells us what had influenced the success of “Tsavkisi Panorama” and what the team plan for the future.
“When we decided to create a project consisting of individual plots of land, we knew that we were offering the customer all the benefits that come with living in private houses: an environment adapted to the needs of the individual, comfortable, protected housing, individual plots of land issued with the right to build, which with us covers 700 – 1100 square meters area and is equipped with all communications. In addition to this, a properly planned recreational common space is a source of healthy living. Considering all this, of course, we expected that they would choose our project. However, the demand exceeded all expectations, and today 85% of the land plots have already been sold. That motivated us to complete both the sales and the work to be done ahead of schedule. Of course, it was a big challenge, but we have managed it successfully and will complete the “Tsavkisi Panorama” project this year.
As for plans, we have good news about starting a new project. We are creating a new type of settlement in Tsavkisi – and its investment value will be 40 million. The construction of the new project will begin very soon. Until then, we offer special prices to interested parties within the framework of preliminary sales.”
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