BUSINESS
The company is promising the prospective buyers that if they buy a home then the company will take luck customers to US to party Donald Trump Junior.
To speed up the sales of luxury homes in Trump Towers in Gurugram, that had been recently launched, the company has come up with one of a kind offer.
The company is promising the prospective buyers that if they buy a home then the company will take luck customers to US to party Donald Trump Junior.
Trump towers, that come under the Trump Organization, is currently led by Donald Trump Jr, son of US President Donald Trump.
Global realty brand 'Trump Towers' made its debut in North India through real estate firms M3M India and Tribeca Developers, which launched a luxury residential project on Wednesday uunder the marquee in Gurugram entailing investments of Rs 1,200 crore.
M3M and Tribeca will develop 250 ultra luxury residences under a brand licence from The Trump Organization.
One of the developers, Pankaj Bansal, told the Press Trust of India that “Donald Trump Jr. will host” the first 100 buyers in the United States.
Initially, the apartments, which will have three and four bedroom options, will be sold in a price range of Rs 5 crore to Rs 10 crore. Size of the flats is from 3,500 sq ft to 6000 sq ft.
This is the fourth Trump Tower project in India after Pune, Mumbai and Kolkata.
Trump Organization Executive Vice-President Donald Trump Jr said in a statement: "With its stunning architecture, beautiful interior options and lavish amenity spaces, our goal was to bring the best of the Trump brand and luxury living to Gurugram."
Trump Towers Delhi NCR will quickly become the most prestigious address in the city, he added.
The construction work of the towers, each around 50 floors and over 600 ft facing golf course, will start in March and the project will be completed in 5 years. The towers will have the signature all glass facade.
Each residence will have private elevator, while a third of the residences will have over 22-feet high double-height living rooms.
Asked about the project cost, Bansal said it would be Rs 1,200 crore excluding land cost.
M3M India and Tribeca expect sales revenue of Rs 2,500 crore from this project.
In India, The Trump Organization has developed a luxury project in Pune partnering Panchshil Realty. It tied up with Lodha group in 2014 for housing project in Mumbai.
In November 2017, Trump Tower was launched in Kolkata.
This project, comprising 140 ultra-luxury apartments, is being developed by Unimark Group, RDB Group and Tribeca Developers.
M3M India has a land bank of 2,200 acres in and around Gurgaon. It has already completed 8 projects and is currently developing 12 projects.
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