Donald Trump's India partner Tribeca to launch more projects in India 2021-22

The Trump Organizations' India partner Tribeca is bullish about the global brand in India and plans to launch projects in Mumbai, Noida, Bengaluru and Hyderabad this year under the banner. With the focus on work-from-home and second homes, it is also considering launching luxury villa projects in the first quarter of 2022 in Chandigarh, Sohna, and between Mumbai and Pune.

"We will continue to aggressively ramp up our Trump portfolio in India this year as the luxury market in India has made a respectable comeback during the pandemic. We are ready to do one more Trump project in Mumbai and one each in Noida, Bengaluru and Hyderabad," Kalpesh Mehta, founder of Tribeca, told.

Trump's ventures in India include four luxury residential projects and an office tower, all carrying his name under licensing deals. According to real estate experts, the sale of Trump properties in India could have generated around Rs 3,500 crore in a real estate market that is estimated to be worth around Rs 12.7 lakh crore.

Of the four Trump properties in India, two in Pune and Mumbai are complete. The ones in Kolkata and Delhi-NCR are under construction.

In 2013, the Trump Organization tied up with Mumbai-based Lodha Group to develop the Trump Tower in Mumbai. A year later, Donald Trump visited Pune to inaugurate the first of the Trump Towers in India.