LegalGELegalGE
...

Real Estate Development

Can I build on agricultural land?

Generally, no. For commercial or multi-family construction, you must change the land status to non-agricultural.

What is GRG?

GRG (General Land Use Plan) is a document that details what type and parameters of construction are permitted in a specific area.

How long does it take to change land status?

The process can take 1 to 3 months and requires justification and payment of compensation to the state.

How to sell apartments during construction?

You need a building permit and must register the units under construction in the Public Registry, after which preliminary sales agreements can be signed.

Reading Time

3 min

Published

...

Real Estate Development: From Idea to Realization with Legal Support

Real Estate Development is a complex process that involves increasing the value of a land plot or existing building through the implementation of a new project. This covers everything from land acquisition to construction, financing, and marketing. In Georgia, development is an attractive investment field, but it is fraught with legal challenges: zoning restrictions, permitting bureaucracy, investor relations, and protection of buyers' rights. A successful developer needs strong legal backing to turn an idea into a real, profitable asset.

Legal structuring of the project is critical during the development process. This implies changing land status (e.g., from agricultural to non-agricultural), approving the General Land Use Plan (GRG), and obtaining a building permit. Any mistake at this stage leads to project delays and financial losses. Legal.ge offers access to real estate law experts who ensure the full legal cycle of your development project.

What Does Real Estate Development Service Cover?

Specialists on Legal.ge offer a full package:

  • Land Due Diligence: Checking the land's legal history, liens, easements, and zoning restrictions.
  • Urban Planning: Assisting in preparing and approving the General Land Use Plan (GRG) at the municipality.
  • Change of Land Status: Converting agricultural land to non-agricultural use for construction purposes.
  • Investment Structuring: Signing contracts with investors, creating Joint Ventures.
  • Permit Acquisition: Coordinating the building permit process with all necessary authorities.
  • Sales Legal Support: Preparing preliminary sales agreements and regulating relations with buyers.

Common Scenarios and Real-World Examples

Development services are essential for:

  • Residential Complex: An investor buys a large plot in the suburbs of Tbilisi. It requires GRG approval, utility connections, and building construction.
  • Hotel in a Resort: A developer builds a hotel in Gudauri or Batumi. Special zoning agreements and adherence to recreational norms are required.
  • Land Subdivision: Dividing a large plot into smaller lots for cottage construction. This requires approval of a land subdivision project.

Georgian Legal Framework

Real estate development is regulated by:

The Spatial Planning Code: Which defines urban planning rules and permitting procedures.

Rules on Determination of Land Target Use: Regulating the change of agricultural land status.

The Law on Public Registry: Ensuring registration of ownership and obligations (e.g., preliminary sales).

Step-by-Step Service Process

Working with Legal.ge experts involves:

  1. Project Assessment: Legal analysis of idea feasibility (Feasibility Study).
  2. Land Preparation: Status change, consolidation/subdivision.
  3. Permits: Design and permit acquisition.
  4. Realization: Legal supervision of the construction process and sales of units.

Why Choose Legal.ge?

Development requires versatile knowledge: land law, administrative law, contract law. Legal.ge combines these competencies in one place. With our help, you can turn land into a high-yield project with minimal legal risks. Start building with a reliable partner.

Updated: ...

Specialists for this service

Loading...