In a landmark development for India’s luxury real estate market, all 298 units of Trump Residences Gurgaon sold out on the very first day of launch. Smartworld Developers and Tribeca Developers jointly developed the project, and bookings of an enormous ₹3,250 crore were made, confirming the demand for ultraluxury foreign-branded homes in Gurugram is phenomenal.

Trump Residences Apartment Price

Although still under construction, the residences are estimated to range between ₹8 to ₹15 crore. The entire stock was sold out within minutes, suggesting that the ultra-HNWIs are increasingly interested in premium-grade real estate in Gurgaon. Included in this demand were ultra-premium penthouses, one of which was priced at ₹125 crore and unlocked fully during the launch.

Two Iconic 51-Storey Trump Residences to Define Gurgaon’s Skyline

The project features two 51-storey skyscrapers that will dramatically alter Gurugram’s skyline. Smartworld Developers will manage the construction, development, and servicing of the units, while design, sales, and quality control will be executed by Tribeca Developers. Due to the international stature of the Trump branding and the unparalleled luxury amenities offered, the residences have unrivaled architectural beauty and monumentality standing as symbols of gurgaon’s increasing global elite status.

Second Trump Project In Gurguam, Sixth In India.

This entrepreneurial venture marks the second Trump real estate investment in Gurugam and the sixth across the Indian subcontinent, making India the largest outpost for the Trump name outside the USA. Other Trump Tower cities in India include Mumbai, Pune and Kolkata. The first Trump Towers Gurugram opened for sales in 2018 and has already seen all units sold with delivery projected by the end of this month.

India’s Luxury Homes Demand And Record Sales.

Selling 298 branded luxury residences for sold ₹3,250 crore in one day is a testament to India’s appetite for upscale apartments. Kalpesh Mehta, Founder of Tribeca Developers, stated that this particular deal may classify as one of the largest luxry real estate deals in India’s history. Pankaj Bansal, Founder of Smartworld Developers, said the overwhelming positive response to Trump Residences Gurgaon is an undeniable indicator of India’s drift towards ultra high-end branded real estate.

Below is the list of Cities With Trump Towers in India

Now, a Trump-branded luxury tower is situated in the following cities:

• Mumbai
• Pune
• Gurugram (2 projects)
• Kolkata

These cities have become attractive to wealthy clientele being offered ultra luxurious status, services, and privacy.

Conclusion:

The Trump Residences Gurgaon came into the limelight as a remarkable achievement in India’s luxury residential sphere, selling out on launch day and crossing the ₹3,250 crore mark in sales. Moreover, it cements Gurgaon’s position as the ultimate hub for high value luxury real estate investment in the country.