Trump calls India's economy ‘dead', but Trump Towers earn thousands of crores from Gurgaon, Mumbai, Pune and other cities
The Trump Organisation has partnered with Indian developers for premium real estate projects, including the
Trump Towers Delhi NCR
in Sector 65, Gurgaon. Developed in collaboration with Tribeca and M3M, the project has recorded bookings of over ₹2,000 crore since its launch in 2018, sources said. The project features 250 luxury apartments priced between ₹5 crore and ₹9 crore.
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On the day of its launch, the project sold 20 apartments worth ₹150 crore. The development was marked by a high-profile event attended by Donald Trump Jr. Possession of the apartments is expected in the coming months.
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Second project sold out, third in pipeline
Following this success, the Trump Organization announced a second venture in Gurgaon this May – Trump Residences in Sector 69. The project, a joint effort by Tribeca and M3M subsidiary Smartworld, comprises two 51-storey towers with 298 units.
Prices for these apartments range from ₹8 crore to ₹15 crore, while premium penthouses are priced as high as ₹125 crore. The companies involved have claimed the project is completely sold out, with total revenue of ₹3,250 crore.
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Gurgaon to be the only city outside New York with two Trump Residences
This development will make Gurgaon the only city apart from New York to host two Trump-branded residential towers. Plans are underway for a third project – Trump Towers at Sector 94 in Noida.
Eric Trump: "Confidence in Gurgaon's future"
Commenting on the second Gurgaon launch, Eric Trump, executive vice president of The Trump Organisation, said, 'We're incredibly excited to launch our second project in Gurgaon, and even prouder to be doing it once again with our amazing partners at Tribeca, M3M & Smartworld. The fact that we're expanding in this remarkable city speaks volumes — not just about the strength of the Trump brand in India, but also about the exceptional partnership we've built and the tremendous confidence The Trump Organization has in Gurgaon's future. With this new development, we've pushed the boundaries of luxury like never before. I'm confident that Trump Residences Gurgaon will stand among the most iconic and spectacular properties in our global portfolio.'
Partnership model and market presence
Tribeca handles branding, design, quality, and sales for all Trump projects in India. Smartworld is managing development and customer experience for the Sector 69 project, while M3M is the execution partner for the Gurgaon and planned Noida projects. Under this joint venture model, Indian firms manage construction and operations, while the Trump Organization contributes branding and global visibility.
A buyer of a Trump Residences home told TOI, 'This cost a steep ₹30,000 per square foot. But when you look at the trajectory of the first
Trump Tower
in Gurgaon, which launched at ₹16,000 per sq ft and is now reselling at ₹30,000 per sq ft, it becomes clear that this brand carries serious equity. It's a statement of both lifestyle and foresight.'
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India remains top overseas market for Trump brand
Apart from the NCR, The Trump Organisation has residential and commercial projects in Mumbai, Pune, Kolkata, and Hyderabad. Earlier this year, it launched its first commercial venture in Pune. India is currently the largest overseas market for the Trump real estate brand.
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