“Metropol Lisi”: A Smart Residential Settlement Designed for Modern Living
The real estate development company Metropol has unveiled its inaugural private residential community project in Tbilisi, near Lisi Lake. Spanning 7,000 m², the development of this brand-new settlement will feature approximately 70 villas and represents a total investment of 40 million GEL. What makes Metropol’s first residential community project unique is that landowners in this premier location will receive a complimentary architectural design for their future home, courtesy of Metropol. Prioritizing residents' needs, the company offers a secure, well-equipped environment while giving homeowners the freedom to choose the style and layout of their future residence.
For the Metropol Lisi suburban community project, the developer’s architectural team has created five distinct home designs exclusively for prospective residents. Homeowners will have the option and privilege of selecting the concept, design, and style that best suit their preferences and lifestyle. Additionally, Metropol offers a range of supplementary services and, upon request, can even oversee and carry out the whole construction of the selected home design.
Giorgi Mkheidze, CEO of Metropol:
“As a company, our core objective is to diversify our business portfolio and provide our customers with a wide range of real estate options—whether residential apartments, investment opportunities in multifunctional complexes, or private settlements in premium locations near the center of Tbilisi. The Metropol Lisi project was developed precisely with this vision in mind. Scheduled for completion by the end of 2026, it will mark the launch of a new residential community and introduce the company’s first suburban complex under the Metropol brand.
Residential houses in a peaceful, soothing, and environmentally sustainable setting—that is our core vision. Everything else is tailored to the individual preferences of our residents,” states the creative team behind this brand-new and unique project. The overall development of the new district has been meticulously planned to ensure maximum comfort, functionality, and modern living standards. Moreover, future residents of Metropol Lisi will benefit from exceptionally planned and designed recreational areas.
Approximately 70 villas will be constructed in this serene, fresh-air-filled premium location. Land plots range from a minimum of 600 m² to as much as 1,500 m². Additionally, 3,600 m² has been allocated for communal use, featuring diverse and multifunctional spaces such as children’s play areas, sports facilities, gazebos, a bicycle path, and an open-air cinema—all set within a landscaped green zone. Thanks to its exceptional location, residents can enjoy a variety of scenic views, including Lisi Lake, Tbilisi Tower, and panoramic cityscapes.
Furthermore, the complex’s location, just 450 meters from a public transportation stop, ensures convenient and flexible access for both - community residents and their guests.
Metropol has already started land work on the development site. The entire area has been fully enclosed, and preparations are underway for the installation of carefully selected outdoor lighting to enhance both construction safety and overall aesthetics.”
Mamuka Imedashvili, Deputy CEO of Metropol:
“We aimed to completely redefine the experience of living near the city center, making it more pleasant and convenient for our residents. During the planning stages, we meticulously considered key elements such as advanced automation and smart home systems, careful and close management of communal areas, vehicle license plate recognition systems, parking barrier management, and robust security measures. Additionally, electric vehicle charging stations will be fully integrated into the development of our residential community. Metropol Lisi is set to become a truly modern and unique suburban project in the Georgian real estate market.”
The Metropol Lisi project has officially launched, with pre-sales now underway. The development company states that this is indeed the most advantageous time to purchase real estate, offering future buyers exclusive discounts and convenient, favorable payment terms. The price per m² ranges from $159 to $225, with an additional $10 discount per m² available for early-stage purchases. Currently, a total of 70 land plots are being sold, and due to the project’s popularity and high demand, the company anticipates a rapid acceleration in sales.
Metropol Lisi represents Metropol's first private residential development, though it is not the company's only venture. The company is preparing to break ground on a new project in Shindisi, where approximately 700 villas will be constructed across a 90-hectare plot. Pre-sales for this project are set to begin in June 2025.
Operating in both Tbilisi and Batumi, Metropol’s portfolio currently consists of one completed project and six others that are underway.
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About Metropol:
Founded in 2022, Metropol has quickly emerged as a major player in Georgia’s real estate industry, currently developing six ambitious projects across the country. In Tbilisi, Metropol is actively constructing two premium residential complexes: Metropol Kavtaradze, and Metropol Ortachala. Metropol Bagebi is already completed. In 2025, Metropol commenced the construction of its very first suburban project, Metropol Lisi, signaling a major step in its growth strategy. In Batumi, Metropol Cube and Metropol Oval are currently under construction, with the latter set to host the 5-star Royal Tulip Hotel, a prestigious collaboration with the French hospitality giant – Louvre Hotels Group. Additionally, Parallel, a newly launched project in Batumi, will offer stunning panoramic views, redefining coastal luxury.
The total area of Metropol's construction exceeds 545,000 square meters and includes 3,500 apartments. The development company employs up to 2,000 people, with a total investment volume of more than one billion GEL.