Tbilisi Mayor says delivering housing to co-operative property scam victims was matter of honour and justice

Tbilisi Mayor Kakha Kaladze, alongside Giorgi Kobiashvili, Head of the Property Management Agency, has handed over keys to 58 families defrauded by unfinished co-operative housing projects. The families will now move into the Viva Davidsville complex in Didi Dighomi.

Over 2,500 out of 3,500 affected families have now been housed by the municipality. In his congratulations to the new residents, the Mayor assured that the process will not stop until every family has a home.

“Today is a special day where emotion, joy, pride, and a sense of victory come together. We are talking about the future of thousands of families who endured years of uncertainty, fear, and hopelessness. Years ago, they invested their hard work and savings into a stable future that was unfortunately long delayed. I can now proudly say that our campaign promise is yielding concrete results. As Tbilisi Mayor, I am happy to hand over the investments initially made by your grandparents. Today, along with your flats, you have regained a sense of justice and hope for a better tomorrow,” Mayor Kaladze stated.

The Mayor thanked the Property Management Agency, Tbilisi City Assembly (Sakrebulo) members, and the construction firm for their diligence.

“For us, this programme was never just a construction project. It was a matter of honour, justice, and keeping our word to the people. This is a crucial obligation we undertook, a step towards restoring justice that allows thousands of families to finally live in a dignified home after decades of waiting,” Kaladze added.

The construction at the site was completed ahead of schedule by the International Investment Group, with 40% of the complex’s first block designated for the victims.

The municipal initiative continues at pace. Currently, 33 expressions of interest have been launched, with construction active on 29 approved projects. By the end of this year, 12 projects will be completed to house a further 600 families, with the remaining 17 projects slated for completion by 2029 to resolve the long-standing housing crisis.

The keys handover ceremony was also attended by Tbilisi Vice-Mayor Giorgi Tkemaladze, Sakrebulo Chairman Zurab Abashidze, deputy mayors, district governors, and members of parliament.