The Trump Organisation has made its debut in India’s commercial real estate sector with the launch of Trump World Center Pune, a Rs 2,500 crore commercial project. The development is a result of a partnership between Tribeca Developers and Kundan Spaces
Project Overview
- Name: Trump World Center Pune
- Location: Pune, India
- Developers: Tribeca Developers and Kundan Spaces
- Investment Value: Rs 2,500 crore
- Size: 1.6 million square feet (16 lakh square feet)
- Structure: Two glass towers with over 27 floors of office space
Project Features
- One tower will have for-sale strata offices
- The second tower will feature larger leasable offices to cater to diverse business needs
- The project is set to generate sales exceeding Rs 2,500 crore
Significance & Market Impact
This marks the Trump Organisation’s first foray into commercial real estate in India, adding to its existing residential projects in Pune, Kolkata, and Gurugram. India has become the largest market for the Trump brand outside the US
Statements from Key Executives
- Eric Trump, Executive Vice President, The Trump Organisation:
“India has embraced the Trump brand with remarkable enthusiasm. After our successful collaboration on several iconic residential projects, we are proud to launch our first commercial development in India.”
- Kalpesh Mehta, Founder, Tribeca Developers:
“This is a defining moment for Tribeca and for the evolution of commercial real estate in India. Trump World Center Pune blends the Trump brand’s unmatched prestige with Pune’s growth as a global business hub.”
- Ashish Jain, Managing Director, Kundan Spaces:
“Pune is entering a new phase of commercial growth, and Trump World Center will be an integral part of this transformation.”
Trump Organisation’s Presence in India
The Trump brand has already established a strong foothold in India with multiple residential projects and is now expanding into commercial real estate. The partnership between The Trump Organisation and Tribeca spans over a decade, bringing high-end properties to India
Conclusion
With the launch of Trump World Center Pune, the Trump Organisation strengthens its presence in India’s real estate market. This project is expected to redefine commercial real estate standards, positioning Pune as a key business hub on the global map.
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