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Tribeca to Launch Trump-Branded Commercial Office Project in Pune

Tribeca to Launch Trump-Branded Commercial Office Project in Pune

BY Realty+
Published - Friday, 21 Mar, 2025
Tribeca to Launch Trump-Branded Commercial Office Project in Pune

The Trump Organisation's licensed partner in India, Tribeca Developers, plans to invest ~ Rs 6,000 to Rs 7,000 crore for four more Trump-branded real estate projects in India, set to launch in 2025. Tribeca Developers revealed on 19th March 2025 that three projects will be residential, while one will be a commercial office development in Pune.

Founder of Tribeca Developers, Kalpesh Mehta, said, "For the commercial office project in Pune, the investment is Rs 1,700 crore. This does not mean we are investing along with The Trump Organisation. They do not invest money; they invest their brand and expertise in luxury. We are doing the Pune office project under the Trump brand with Pune-based Kundan Spaces, and the investment and revenue will be shared among us two."

The Pune project will see an investment of Rs 1,700 crore, funded through equity, debt, and sales proceeds. Additionally, three more residential projects under the Trump brand will be announced in the coming months, all slated for 2025. Mehta added that the total investment across these four projects is expected to range from Rs 6,000 to Rs 7,000 crore.

According to Mehta, the three new residential projects will be announced in North and South India. Mehta continued, "There is no announcement for the Mumbai real estate market yet, but we keep looking at opportunities. The three more announcements of residential projects in the pipeline will be for North and South India."

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