India will have the maximum number of Trump Towers outside of US-president elect’s “The Trump Organisation” home country. From four all-residential high-rise luxury residential Trump Towers in Mumbai, Pune, Gurgaon and Kolkata, the number will swell to 10 in the next six years with as many more projects including office, golf course and villas to be built in Noida, Hyderabad, Bengaluru, Mumbai, Gurgaon and Pune.
The Trump real estate business is run along the lines of management contract hotels where the Indian partner invests in the hardware (brick and mortar) and the foreign partner, Trump Organisation in this case, brings its branding and software in terms of service level and global reach.
The four Trump Towers (one each in Mumbai, Pune, Gurgaon and Kolkata) have a combined area of 30 lakh square feet with about 800 residences in the range of Rs 6-25 crore each and a total sale value of Rs 7,500 crore. The six more coming up in as many years will have a combined floor area of 80 lakh square feet and total sale value of Rs 15,000 crore.
Pune, which already has a Trump Tower, is getting another Trump complex with an office block. Trump golf course and villas will come up in another city.
