Student House project is an initiation of OTI Real Estate. It has been launched as a result of necessity and demand for affordable standard student housing in Georgia, which can satisfy the local and international students’ needs. There is no counterpart to this project in Georgia neither by investment nor by the capacity or standard of accommodation.
This project is being built in Ortachala, Tbilisi. It is a modern infrastructure building with the full-scale facilities and amenities to ensure the quality of provided services and full boarding standard.
The total number of students to be hosted in the entire project is 500, which will have a tendency to grow according to demand. At this stage of project, we want to make sure that we meet our goal – create a successful student accommodation.
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This project under consideration is an actual concern and interest in current situation. It is a quite new real estate realm in Georgia. This project has a productive impact on the current situation on the market. I welcome this new product very much.
I am delighted by Student House presentation; it is something new. I am a rector of European University. And one thing that unites us is European values. We are trying to provide European quality education in Georgia for both local and international students. According to our observation, the educational spheres has progressed and moved far rather than the student accommodation development. There is a good educational tendency in Georgia. It is becoming an education hub for many countries. And we look forward to Student House project start.
European University Rector
Student House project appears very actual to our university. I want to introduce information about our university, because since its inception till today we developed a full infrastructure of the university, we have all necessary material-technical basis, but having a student accommodation is associated with the huge expenses. And this question of student accommodation becomes more and more relevant and actual in recent years. Student House project is very actual for our university.
Student House Project information is new to me. This presentation increases my interest and I have more questions. I will be delighted to hear the answers to these questions in a different format rather than this. We can arrange a face-to-face meeting. And it is very interesting to know the numbers of this idea and project. I want to know the information in numbers.
Deputy Minister at MESC