Chicago – November 09, 2024
Trump Towers is set to expand its luxury real estate brand into Hyderabad with two new high-rise buildings, each 27 stories tall. This move introduces Hyderabad to a group of cities around the world that host these upscale properties.
The project will offer large, luxury apartments, including four-bedroom and five-bedroom units, with sizes ranging from 4,000 to 6,000 square feet. The cost of these apartments starts at Rs 13,000 per square foot, which means a four-bedroom apartment will cost about Rs 5.5 crores.
Kalpesh Mehta, the founder of Tribeca Developers and a partner of the Trump Organization in India, stated that Donald Trump Jr and Eric Trump are planning to visit India early next year.
Their visit will mark the launch of six new Trump Tower projects in various cities, including Hyderabad. This expansion is part of a larger plan to have more Trump Towers in India than in the United States.
Mehta noted the strong demand for luxury properties in India, mentioning that prices at the Gurugram Trump Tower have doubled in three years. He expects this trend to continue, indicating a growing market for high-end real estate in India.
The Hyderabad project will include exclusive features like private elevators and rooftop amenities, catering to a luxurious lifestyle.
