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How to check a developer in Georgia before buying in a new-build project

Documents to review before buying in a project under construction: developer, land, permits, deadlines, contract, title registration and financial model.

How to check a developer in Georgia

What to check first

In a new-build project, check more than the future apartment. Understand who the developer is, what rights it has to the land, whether restrictions exist, which permits are issued and how the buyer's right will be registered.

A marketing presentation is not a substitute for documents. Request legal basis, timeline, contract, payment plan, delay responsibility and handover rules.

Contract and payment schedule

The contract should define the object, area, price, terms, payment stages, finishing quality, delay rules and actions in case of breach.

Avoid large payments before a basic legal review. If the project promises yield or rental management, separate the financial model from ownership rights and verify it with documents.

Investor due diligence

Check company history, related projects, court and registration data, land plot, permits and communication transparency.

The goal is not to find a risk-free object, but to understand which risks you accept and why the project should generate income.

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