History
Founded in 1991 by David Kervalishvili, Anagi executed Axis Towers, Radisson Blu Iveria, Biltmore, Tbilisi Public Service Hall and many public buildings. The group also runs its own residential developments in Vake and Saburtalo.
Developer & contractor
Anagi: the contractor that built Tbilisi's skyline
Anagi is both a general contractor and a developer. Thirty years of experience, behind the capital's landmark towers and 5-star hotels.
Main city
Tbilisi
Founded in
1991
Projects
60
Delivered units
4 500
Under construction
1 200
Leadership
- David KervalishviliFounder & CEO
Financial health
Solid group, diversified between public contracting and private development. Comfortable cash position, recognised technical expertise. Little speculative exposure.
Reputation
Reputation for technical excellence. Anagi projects are a benchmark on build quality and seismic compliance. Sales communication is more discreet than at marketing-heavy developers.
Pros
- +Premium build quality
- +Thirty-year track record, no default
- +Central locations (Vake, Vera)
- +Strict seismic standards
Cons
- −High pricing (premium segment)
- −Few long payment plans
- −Limited residential volume
Frequently asked questions
+Does Anagi deliver projects on time?
Anagi 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 Anagi 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 Anagi offer?
The Georgian statutory builder warranty applies (10-year structural, 2-year finishes). Anagi typically adds a dedicated after-sales service for foreign buyers, with English and Russian support.
+Can I finance a purchase from Anagi with a Georgian bank?
TBC Bank and Bank of Georgia lend to non-residents with 30-40% down payment, indicative USD rate 8-11%. Anagi also offers in-house payment plans over 12-36 months, interest-free during construction.
+Does Anagi 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.