New Delhi, April 16 – Real estate firms Smartworld Developers and Tribeca Developers have announced plans to jointly develop an ultra-luxury residential project under the Trump brand in Gurugram, with a total investment of approximately Rs 2,200 crore.
The project, named Trump Residences, will be located in Sector 69 of Gurugram and is set to offer 288 high-end residential units across a total saleable area of 1.2 million square feet. As per agency report, this marks the Trump brand’s second venture in Gurugram and sixth in India, which has now emerged as the largest market for the Trump brand outside the United States.
The project was officially announced following the recent inauguration of Donald Trump as the President of the United States earlier this year. Tribeca Developers, the exclusive representative of the Trump brand in India, stated that agreements related to this project were signed six to eight months ago.
Smartworld Developers, an M3M Group company, will undertake the construction of the project. Tribeca will be responsible for design, marketing, sales, and project management consultancy (PMC). According to Smartworld Co-founder Pankaj Bansal, the Trump Residences project will be completed within five years, with an estimated sales potential of Rs 3,500 crore.
The development will feature two towers of 51 storeys each, rising to a height of approximately 200 meters. The residences are being launched at a starting price of Rs 27,000 per square foot, with apartment prices ranging between Rs 8 crore and Rs 12 crore.
The new project follows the Trump Towers Gurugram project, which was also developed by M3M Group. That project is now ready for possession, marking a milestone for Trump-branded real estate in India’s luxury housing market.
