India’s First Trump-Branded Office Project ‘Trump World Center’ Unveiled in Pune
Tribeca Developers has launched India’s first Trump-branded office project, the “Trump World Center,” in Pune, aiming for sales over $289 million. Collaborating with Kundan Spaces, the project will take four years to complete. Additionally, plans for several luxury residential projects are underway, with anticipated combined sales reaching $1.15 billion.
Tribeca Developers, in partnership with the Trump Organization, has announced the launch of the first Trump-branded commercial real estate project in India, called “Trump World Center.” The project, based in Pune, aims for sales exceeding $289 million and marks India’s growing significance as a key market for the Trump brand, which has become its largest real estate market outside the United States.
The Trump World Center will be developed in collaboration with local real estate firm Kundan Spaces, situated in Pune, a city that has witnessed substantial growth in IT firms establishing offices. The project is projected to be completed within four years, as stated by Kalpesh Mehta, the founder of Tribeca Developers, in an interview.
In addition to the office development, Mr. Mehta revealed plans for several more Trump-branded luxury residential projects set to launch in northern and southern India within the next month and a half. He anticipates total sales potential from the newly launched office project and the forthcoming residential ventures may reach approximately $1.15 billion.
The introduction of “Trump World Center” in Pune signifies the expansion of the Trump brand in India, highlighting the nation’s growing importance as a prime market for luxury real estate. With an ambitious sales target and multiple upcoming projects, Tribeca Developers is poised for significant growth in the Indian real estate sector. The collaboration with Kundan Spaces marks a strategic alliance that reflects a broader trend of foreign investment in India’s commercial landscape.
Original Source: www.ndtv.com
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