Trump Organization to launch maiden commercial project in India this year

A Trump-branded complex under construction in Guragon a fast-growing city outside New Delhi Feb. 16 2018. India is the Trump Organization's biggest international market with four real estate projects underway The Trumps and their partners pitch buyer

In all 254 flats of different sizes are up for sale costing almost 820,000 USA dollars and above.

The full-page advertisement, which ran as the front cover of several Indian newspapers over the weekend, featured a picture of Mr Trump Jr together with text: "Trump is here".

Trump Jr., who is the executive director of the Trump Organisation, will arrive on a Boeing 757, which is nicknamed as Trump Force One, The New York Times reported.

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 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 estate market 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.



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