Tribeca Developers begin construction on new Trump Towers in India, catering to the rising demand for luxury real estate. The projects, located in Mumbai, Pune, Hyderabad, and Gurugram, are set to redefine premium living in the country. As the exclusive licensee of the Trump brand in India, Tribeca is expanding its portfolio with these high-end developments, designed to appeal to discerning buyers seeking trophy properties.
Kalpesh Mehta, the founder of Tribeca Developers, believes the concept of “trophy properties” is becoming a defining trend in India’s luxury market, with demand only set to grow. These developments offer a unique combination of top-tier locations, cutting-edge design, and an exclusive lifestyle that appeals to the country’s affluent buyers. Trump Towers in Pune and Gurugram, for instance, embody these qualities and have quickly become symbols of prestige.
Trump Towers, with their signature blend of luxury and global appeal, have consistently outperformed other developments in terms of pricing, and the latest projects are expected to follow suit. As per Mehta, these properties represent more than just real estate as they’re statements of a certain lifestyle, and buyers are willing to pay a substantial premium for them.
So far this year, Tribeca has secured sales worth Rs 1,600 crore, with total sales expected to hit Rs 2,500 crore by the end of the fiscal year. Looking ahead, Mehta is optimistic about the continued growth of the luxury real estate segment and plans to invest heavily in future projects.
Tribeca’s business model, which includes both full-stack development and development management partnerships, allows the company to adapt to various markets. The projects in Mumbai and Pune are being built under their full-stack model, where Tribeca takes on the entire development process. In other locations, such as Hyderabad, Tribeca works with local partners who provide land and financing, while Tribeca brings its expertise in design and project management.
With construction in full swing, Tribeca Developers will reshape the landscape of luxury real estate in India. The new Trump Tower projects promise to deliver not just homes but iconic lifestyle experiences.
