Tribeca and Kundan Spaces have announced the launch of Trump World Center in Pune – a 4.3-acre commercial project that is expected to generate sales exceeding ₹25 billion
By: India Weekly
REALTY firm Tribeca Developers has partnered with Kundan Spaces to develop a ₹25 billion (£223.42m) worth commercial project ‘Trump World Center’ in Pune, marking the entry of US-based Trump Organisation in Indian commercial real estate.
The two companies on Wednesday (19) announced the launch of Trump World Center Pune.
“This new development marks The Trump Organisation’s first foray into commercial real estate in India and will join the extensive portfolio of Trump residential properties in the region,” said Tribeca Developers.
Trump-branded residential projects are being developed in Pune, Kolkata and Gurugram.
The 4.3-acre project is expected to generate sales exceeding ₹25 billion.
Spanning over a decade, The Trump Organisation and Tribeca have partnered to bringing iconic properties, including residential and now commercial buildings all throughout India.
The project ‘Trump World Center Pune’ will span over 1.6 million (16 lakh) square feet, featuring two iconic glass towers with over 27 floors of office space.
“One tower will offer for-sale strata offices, while the other will provide larger leasable offices, catering to a range of business needs,” the company said.
Eric Trump, Executive Vice President of The Trump Organisation, remarked: “India has embraced the Trump brand with remarkable enthusiasm. After our successful collaboration on several iconic residential projects, we are proud to launch our first commercial development in India.”
Trump World Center Pune will set a new standard of sophistication and excellence, reflecting the same commitment to quality that defines Trump properties across the globe, said Eric.
Kalpesh Mehta, Founder of Tribeca Developers, said: “This is a defining moment – not just for Tribeca, but for the evolution of commercial real estate in India. Trump World Center Pune is the culmination of years of vision and refinement, blending the Trump brand’s unmatched prestige with Pune’s ascent as a global business nucleus.”
India has become the Trump brand’s largest market outside the US.