Trump Towers in Gurugram Clock Rs 150 Cr on 1st Day of Launch
Realty firm M3M India on Thursday, 11 January, said it has sold 20 luxury apartments worth Rs 150 crore under the Trump Towers project in Gurgaon within a day of its launch.
The company is targeting Rs 2,500 crore from the sale of 250 units in this project, which was launched on Wednesday.
Global realty brand 'Trump Towers' made its debut in north India through real estate firms M3M India and Tribeca Developers.
M3M India is developing the project named 'Trump Towers Delhi NCR' at an investment of Rs 1,200 crore, excluding land cost.
Tribeca has got the exclusive right to market this project, while The Trump Organization has lent the Trump brand.
The company sold 20 super luxury homes on Wednesday.
The Trump Organization is currently led by Donald Trump Jr, son of US President Donald Trump.
The project offers 250 ultra luxury residences with initial price ranging from Rs 5 crore to Rs 10 crore.
The construction work of the towers, each around 50 floors and over 600 ft facing golf course, will start in March and the project will be completed in 5 years.