Smartworld Developers and Tribeca Developers have announced the development of an ultra-luxury residential project in Gurugram under the prestigious 'Trump' brand, with an investment of approximately Rs 22 billion. The project, named 'Trump Residences,' will feature 298 units spread across a saleable area of 12 lakh square feet. This marks the second Trump-branded residential project in Gurugram and the sixth in India.

The first Trump-branded project in Gurugram, developed by M3M Group, is set to begin handing over possession this month. The new project is expected to be completed within five years. The development will consist of two 51-storey towers, each approximately 200 meters tall. The price of the apartments will range from Rs 80 million to Rs 120 million, with a starting price of Rs 27,000 per square foot.

Smartworld Developers will oversee the construction of the project, while Tribeca Developers, the official representatives of the Trump brand in India, will handle the design, marketing, sales, and project management consultancy (PMC). This partnership underscores the strength of the Gurugram real estate market and the enduring appeal of the Trump brand in India.

Among the six Trump-branded projects in India, four have already been completed in Pune, Mumbai, Kolkata, and Gurugram. Additionally, an office complex in Pune was recently announced. The Gurugram development is set to be another landmark in the Trump portfolio, offering unparalleled luxury and exclusivity.

News source: Business Standard