Nonetheless, the development has already clocked up sales worth almost US$80 million, according to a statement released on Monday.
The US president's son told The New York Times that he has been cultivating relationships in India for a decade, but critics say the Trump family is using the president's status as a form of covert advertising - a practice known as "shilling". Which is why, starting Tuesday, Donny Jr. will head to India for an "unofficial visit" that looks like an ethical nightmare.
An employee of the development firm, who spoke to the Post on condition of anonymity, said part of the deal for the new Trump Tower was that then-private citizen Donald Trump would visit and do promotions there every couple of years.
Donald Trump Jr. gives a thumbs-up beside his father after Trump Sr.'s debate with Hillary Clinton on September 26.
Donald Trump Junior, the eldest son of US President Donald Trump, today said India is "substantially above board" for business compared to China, and reforms underway will help attract investments to Asia's third-largest economy from countries as the US.
While the company is not seeking new business opportunities during the duration of Donald Trump's presidency to avoid conflict of interest, his son said the focus would remain on building only luxury and high-end apartments.
Trump Jr.is scheduled to speak at the Global Business Summit in Delhi, which will be held on February 23 and 24.
Details of his full remarks have yet to be disclosed, but cooperation between India nations in the Pacific region and the US may be addressed.
Since its entry into the Indian real estatemarket in 2014, four Trump Towers, with a total revenue potential of Rs 9,600 crore, have been launched across Pune, Mumbai, Gurugram and Kolkata.
India is the Trump Organization's biggest worldwide market, with four real estate projects underway.
Along with the Trump Tower Delhi NCR (National Capital Region) in Gurugram, other projects include two residential towers Pune, towers in Mumbai and Kolkata, and a planned office tower in Gurugram. M3M is building the Gurgaon towers in a partnership with the Trump Organization's main India representative, Tribeca Developers.
Samsung Galaxy S9 Hands On & Camera Specification : MWC 2018
Samsung's Galaxy S9 is going to be a top-tier phone, which means it generally features a slick design and bleeding-edge features. Early buyers get free memory cards and other accessories, though the Galaxy S9's preorder perks haven't yet leaked.
Banks might take more than $3 billion struck from PNB scams
The Sena said it would not allege that the diamond trader had plundered the country with the blessings of BJP leaders . Bhatt was subsequently summoned for questioning and after the interrogation, was placed under arrest, officials said.
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