US business tycoon Donald Trump will be in Mumbai early next year to announce the details of the Trump Towers, a proposed multi-storey residential building on Hughes Road. At 65 storeys, it will be amongst the tallest buildings in Mumbai and each duplex and triplex is expected to cost upwards of Rs40 crore.
It was DNA that first broke the story of Trump planning a project in the city on October 21.
“I think India has amazing long-term potential. The country is going to be one of the greatest places in the world to buy real estate,” says the real estate magnate in an exclusive interview in GQ India’s forthcoming issue.
In an email to DNA, Trump confirmed that his company had tied up with real estate developers who are providing technical know-how and capital to build in Mumbai. “We are at the forefront of international luxury and are focusing on adding value to the design, marketing and sales process,” he added.
He feels that Hughes Road is one of the best locations in the city and is hopeful that Trump Towers would be a great example of super-luxurious apartment blocks. “It will be something special and something that India is going to be really proud of,” he claimed.
Trump has recently built Trump World Tower which is a 92-storey building in New York. “People love our buildings, because they know they’re going to be in the best location and have the best units and windows and fixtures and all of the things that add up to luxury,” he said.