NEW DELHI: Donald Trump Jr, Executive Vice President of the Trump Organization, is expected to visit India in late February to officially launch Trump Towers in Gurugram and Kolkata.
Trump Jr is scheduled to visit four Indian cities to cover the sprawling Trump portfolio. He will also attend Global Business Summit in the national capital.
Global realty brand Trump Towers is making its debut in North India through real estate firms M3M India and Tribeca Developers, which launched a luxury housing project last month in Gurugram entailing investments of Rs 1,200 crore.
Commenting on his upcoming visit, Donald Trump Jr said: “India is such an incredible country and our brand has enjoyed tremendous success in the region for many years”.
“This trip is a celebration of all we have achieved, including the launch of the Trump developments in Kolkata and Delhi which have been underway for many months. The teams in India have been working very hard to deliver residences that are truly second to none and I am looking forward to visiting these spectacular projects very soon,” Trump Jr said.
During his visit, Trump Jr will visit four Indian cities and the power packed schedule covers a wide-ranging list of activities.
Trump Jr will attend events in Delhi to celebrate the launch of Trump Tower Delhi-NCR. He will address The Economic Times Global Business Summit, as a keynote speaker, which will be attended by 500 top CEOs, policy makers and innovators from across the world.
M3M India and Tribeca have reported a sales bookings of over Rs 450 crore within the first 25 days of soft launch.
Initially, the apartments, which will have three and four bedroom options, are being sold in a price range of Rs 5 crore to Rs 10 crore.
Trump Tower Kolkata, which was launched in late 2017, received sales bookings for 70% of its residences in just two months.
M3M Director Pankaj Bansal said: “We are amazed by the sales response we have received in such a short period of time. Customers have flocked in, reflecting the strength of the Trump brand and our product offering”.
Kalpesh Mehta, Founder of Tribeca, said: “We look forward to having Don (Trump Jr) back in India again. What started off as a business plan on the back of a coffee napkin, in New York, seven years ago, has developed into something we are both proud of”.
In India, the Trump Organization has developed a luxury project in Pune partnering with Panchshil Realty. It tied up with Lodha group in 2014 for a housing project in Mumbai.
In November 2017, Trump Tower was launched in Kolkata comprising 140 ultra-luxury apartments and being developed by Unimark Group, RDB Group and Tribeca Developers. Gurugram housing project was launched last month.
Tribeca has worked with the Trump brand for the last five years and has been instrumental in creating the largest portfolio of Trump projects outside of North America.-PTI
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