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Posted at: Jan 11, 2018, 12:04 AM; last updated: Jan 11, 2018, 12:04 AM (IST)

Trump Towers to pump in Rs 1,200 crore in Gurugram

New Delhi, January 10

Global realty brand ‘Trump Towers’ will make its debut in North India through real estate firms M3M India and Tribeca Developers, which launched a luxury residential project today under 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 Organisation, which is currently led by Donald Trump Jr, son of US President Donald Trump.

In the first phase of sale, 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. The size of the flats is from 3,500 sq ft to 6,000 sq ft. This is the fourth Trump Tower project in India after Pune, Mumbai and Kolkata.

“We are launching today the most luxurious project in North India ‘Trump Towers Delhi NCR’,” M3M India Director Pankaj Bansal said. With an aim to woo customers, he said, “About an initial 100 buyers will fly to the US where Donald Trump Jr will host them.”

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 is to bring the best of the Trump brand and luxury living to Gurugram.”

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. — PTI

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