{"id":170588,"date":"2024-11-08T07:48:25","date_gmt":"2024-11-08T07:48:25","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/08\/after-mumbai-and-gurgaon-six-more-trump-towers-to-be-built-in-noida-hyderabad-and-bengaluru-the-most-outside-the-us\/"},"modified":"2024-11-08T07:48:26","modified_gmt":"2024-11-08T07:48:26","slug":"after-mumbai-and-gurgaon-six-more-trump-towers-to-be-built-in-noida-hyderabad-and-bengaluru-the-most-outside-the-us","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/08\/after-mumbai-and-gurgaon-six-more-trump-towers-to-be-built-in-noida-hyderabad-and-bengaluru-the-most-outside-the-us\/","title":{"rendered":"After Mumbai and Gurgaon, six more Trump Towers to be built in Noida, Hyderabad, and Bengaluru, the most outside the US"},"content":{"rendered":"
\"After<\/div>\n
India is set to become home to the highest number of Trump Towers<\/a> outside the United States, with six new Trump-branded projects planned across major cities. From the current four luxury residential towers in Mumbai, Pune, Gurgaon, and Kolkata, the number will grow to 10 within the next six years. The upcoming projects include not only high-rise residential towers but also offices, villas, and golf courses in Noida, Hyderabad, Bengaluru, and Pune.<\/p>\n

Growing Partnership with Tribeca Developers<\/h3>\n

Tribeca Developers, Trump Organisation\u2019s real estate partner in India, has seen increased optimism for growth following Donald Trump\u2019s recent election victory. Kalpesh Mehta, founder of Tribeca Developers, believes this momentum will boost the India-based Trump real estate brand. Reflecting on his initial meeting with Trump\u2019s son, Donald Trump Jr., Mehta shared how their collaboration began more than a decade ago at a bar in New York.<\/p>\n

\u201cI did my MBA from Wharton, where the Trump family, including Donald Trump, went to. A professor there connected me to Donald Trump junior. We met at a bar in New York, 13-14 years ago, and on the back of a cocktail pier napkin discussed and made our initial plans which eventually became a reality,\u201d Mehta told The Times of India<\/em>. \u201cHis advice when we subsequently tied up, and since then, has been just this: \u2018We don\u2019t want to do too many projects, but whatever we do should be the best in class.\u2019\u201d<\/p>\n

First Visit and Increased Optimism under Modi\u2019s Leadership<\/h3>\n

The Trump Tower brand\u2019s presence in India dates back to 2014, when the first Trump Tower in Mumbai was launched. At the time, Donald Trump visited India, shortly after Prime Minister Narendra Modi\u2019s election victory. Mehta recalled that Trump expressed optimism for India\u2019s potential, which grew even stronger under Modi\u2019s leadership. \u201cTrump has always believed firmly in India’s potential. He became more bullish after Modi became the PM. And now, India will have the maximum Trump properties outside of the US,\u201d he added.<\/p>\n

The Trump Organisation operates its real estate business in India based on a management model. Here, the Indian partners invest in construction, while the Trump Organisation brings its branding and service expertise to create the luxury appeal associated with its name.<\/p>\n

<\/p>\n

Expanding Luxury Portfolio Across India<\/h3>\n

Currently, the four Trump Towers in India span a total of 3 million square feet, offering approximately 800 residences priced between Rs 6 crore and Rs 25 crore each. The combined sales value of these residences is estimated at Rs 7,500 crore. With six new Trump-branded developments in the pipeline, the floor area in India will increase to 8 million square feet with a total sales value projected at Rs 15,000 crore.The Pune market, already home to one Trump Tower, is set to welcome a new Trump complex that will include both a residential tower and an office block. Additionally, Trump golf courses and villas are planned for other prominent cities.<\/p>\n

Strengthening India-US Relations<\/h3>\n

Mehta expressed optimism that a Trump presidency could benefit the India-US relationship, given Trump\u2019s favorable view of India and respect for PM Modi. \u201cA Trump presidency is fundamentally good for the world and for further strengthening India-US relationship. PM Modi and President Trump greatly admire and respect each other and this relationship has potential to be greatly beneficial to the world at large,\u201d he said.<\/p>\n

With these projects, India is poised to cement its position as the leading global market for Trump-branded real estate outside of the United States, catering to a growing demand for luxury residential and commercial spaces across the country.
<\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

India is set to become home to the highest number of Trump Towers outside the United States, with six new Trump-branded projects planned across major cities. From the current four luxury residential towers in Mumbai, Pune, Gurgaon, and Kolkata, the number will grow to 10 within the next six years. The upcoming projects include not […]<\/p>\n","protected":false},"author":2,"featured_media":170589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-115076534,imgsize-82580.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[3849,13956,40768,9186,352,22404,132541,132542,14455,52,132543,132539,132538,132540,132544],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/170588"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=170588"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/170588\/revisions"}],"predecessor-version":[{"id":170590,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/170588\/revisions\/170590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/170589"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=170588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=170588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=170588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}