RUSTAVELI PROPERTIES
Design developer

Redix: contemporary design in Tbilisi

Redix targets young urban buyers with design projects signed by recognised architects. Highly polished marketing.

Main city
Tbilisi
Founded in
2018
Projects
5
Delivered units
800
Under construction
900

History

Launched in 2018, Redix delivered its first projects in Saburtalo and Vera. Strong architectural positioning, still limited volume.

Leadership

  • Redix leadership
    Executive committee

Financial health

Young group, short track record. Balance sheet to monitor; prefer payments tied to construction milestones.

Reputation

Positive buzz on design. Limited hindsight on long-term delivery and post-handover management.

Pros

  • +Strong architectural signature
  • +Central locations
  • +Strong young-urban targeting

Cons

  • Short track record
  • Premium pricing
  • Small volumes

Frequently asked questions

+Does Redix deliver projects on time?

Redix has a delivery record broadly in line with announced schedules, with occasional 3-to-9-month delays on specific projects. We always verify permit status, site progress and financial health before any reservation.

+Can I buy from Redix remotely?

Yes. Reservation is signed via notarised power of attorney from your country. International wire is standard and our team handles the Public Registry filing without requiring your travel to Georgia.

+What warranty does Redix offer?

The Georgian statutory builder warranty applies (10-year structural, 2-year finishes). Redix typically adds a dedicated after-sales service for foreign buyers, with English and Russian support.

+Can I finance a purchase from Redix with a Georgian bank?

TBC Bank and Bank of Georgia lend to non-residents with 30-40% down payment, indicative USD rate 8-11%. Redix also offers in-house payment plans over 12-36 months, interest-free during construction.

+Does Redix offer a rental management service?

On aparthotel and select premium projects, in-house or delegated rental management is offered at 20-25% fees. On purely residential projects, an external operator is required.

Independent profile written from public sources (Georgian Public Registry, developer reports, industry press) and our own field experience. Not sponsored by the developer named.

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