Following Donald Trump's victory, India will become the largest real estate hub for Trump Towers, with tremendous expansion.

By Bricksnwall | 2024-11-10

After Mumbai, Pune, and Gurugram, Trump Towers will now open in Noida, Bengaluru, and Hyderabad. Trump Jr. and Eric Trump are anticipated to visit India in early 2025.

Following Donald Trump's historic victory in the 2024 US elections, India is predicted to become the largest real estate hub for Trump Towers outside of the United States. Tribeca Developers, the Trump Organization's approved partner in India, has concluded six new real estate projects with the US brand in Pune, Gurugram, Noida, Mumbai, Hyderabad, and Bengaluru, totalling 8 million square feet. These are projected to sell for more than ₹15000 crore.

In fact, India boasts the most Trump-branded properties in the world, second only to the United States, with four projects totalling 3 million square feet.

Tribeca Developers, Trump's India partner, has completed six new projects in India, totalling 8 million sq ft with a sale potential of over ₹15,000 crore. The firm is currently planning to expand into three additional markets: Noida, Bengaluru, and Hyderabad, as well as repeat projects in Pune, Mumbai, and Gurugram.

"The number of Trump Towers in India is the highest outside of America. Kalpesh Mehta, founder of Tribeca Developers, told HT.com that India will have the most Trump Towers after six more openings.

Trump is the world's only ultra premium real estate brand, and Tribeca has worked hard to guarantee that our Trump developments in India are trophy properties. The new projects have been meticulously chosen over time, and we plan to push the bounds of luxury even further with them, cementing Tribeca's status as India's top trophy property developer," he stated.

The new projects will be based in Pune, Gurugram, Noida, Mumbai, Hyderabad, and Bengaluru. "Two deals will be with repeat partners," he explained, adding that at least four deals will be disclosed by early December.

These will be a combination of full stack and development management approaches. Each of these projects would have local partners, including developers and landowners, he told HT.com.

Donald Trump Jr. and Eric Trump plan to visit India early next year.

Mehta stated that Donald Trump Jr. and Eric Trump will visit India in the first part of next year.

The two would travel to India early next year to inaugurate the Trump Tower projects, he said.

Repeat projects in Gurugram, Pune, and Mumbai.

The brand will open second locations in Gurugram, Pune, and Mumbai.

"In cities where Trump Towers already exist, the second version of these properties may be called Trump World Towers," added the official.

First Trump office project to open in Pune.

This time, the brand is expanding its scope beyond residential projects.

One of the six new sites is a big office complex planned for Pune. "This will be Trump's first office project in India. This is anticipated to be announced in December and launched in the first and second quarters of next year," he said.

Trump Towers will develop its first golf and villa complex in India.

One of the six projects is expected to be a golf and villa development, he said.

Tribeca has so far introduced four Trump buildings to India. It previously licensed the brand to Lodha for the Trump Tower in Mumbai and Panchshil Realty in Pune. It is carrying out the Gurugram project with the M3M group and the Kolkata project with the Unimark organisation. HNIs, as well as Bollywood celebs, have purchased these luxurious property apartments. Up to 20% are NRIs.

Source: Hindustan Times