Connect with us


Trump Tower Kolkata Sees An Unprecedented Response With Over 50% Of Units Sold Within 40 Days Of Soft Launch

Trump Tower Kolkata

National November 24,2017: The iconic Trump brand that debuted in the city of Kolkata with the soft launch of Trump Tower Kolkata has received an overwhelming response with over 50 % of the units sold since the project was announced in mid-October. The project is being developed by Unimark Group, RDB Group and Tribeca Developers. This is the third Trump Tower to be launched in India and two more are set to be launched soon, in a country with the highest number of Trump branded properties in the world, outside of North America.

Trump Tower Kolkata has now become the fastest selling Trump project ever in India. The developers have also announced a price escalation of 15 % ending the attractive inaugural offer with which sales were launched. Even with the increased prices, Trump Tower Kolkata, remains one of the most attractively priced Trump properties in the world.

According to Mr. Kalpesh Mehta, Managing Partner of Tribeca, one of the developers of the project, “There was a big gap in the super-luxury residential segment of Kolkata, with no branded luxury developments. We knew we were on to something when soon after the project announcement, our sales gallery was over-booked for the first two weeks and we received over 10 cheques in the first few hours. With a very limited number of units, there is an extreme scarcity value with product like this. Despite a price increase, we anticipate a complete sell off of the development in the next 6-12 months.”

According to Mr. Harsh Patodia, Chairman and Managing Director of Unimark Group, “We always believed that the product and the Trump brand would do well in Kolkata, but this has surpassed even our best estimates. Despite the city having the third highest number of Ultra HNIs in India, there weren’t enough offerings in the super-luxury space. The inaugural pricing has definitely worked in generating interest and as well as buzz among the buyers. Never before has the luxury residential landscape in Kolkata witnessed demand of this nature.”

According to Mr. Vinod Dugar, of RDB Group, “The global appeal of the Trump brand along with the absolute best product offering, performed extremely well for us.”


The developers shared the following details about the sales achieved till date:
Over 90% of the buyers are residents of Kolkata
The vast majority of buyers are from business families of Kolkata with many families purchasing multiple residences
Almost all the buyers cited self-use as the purpose of purchase

Latest News

News1 day ago

The real estate sector reacted cautiously to the Union Budget 2023. Here are the excerpts from a cross section of industry stalwarts

Harsh Vardhan Patodia, President, CREDAI National “Through the Union budget 23 – 24, the Government continues to focus on the empowerment...

News1 day ago

Affordable housing gets push in Budget 

New Delhi, Feb 1, 2023:  Union finance minister Nirmala Sitharaman on Wednesday announced an outlay of ₹79,000 crore, an increase of...

Events2 days ago

Art competition at Spectrum Metro 

Noida: Spectrum Metro, in collaboration with Motherhood Women’s and Children’s Hospital, organised a drawing and painting competition on January 26,...

News2 days ago

Housing prices start moving up post Covid, buoyant real estate along with construction activities create jobs, says Economic Survey

New Delhi: The Economic Survey tabled in the Parliament on Tuesday, said that housing prices have started firming up after...

News2 days ago

Andhra Pradesh Kicks-Off Global Investors’ Summit 2023 with Diplomatic Meet: Over 40 Nations Participate, Among Business Delegations & Captains of the Industry

New Delhi, January 31, 2023: The Curtain Raiser to the Andhra Pradesh Global Investors’ Summit 2023, started on Tuesday with...

News2 days ago

Pacific D21 Mall, Dwarka, hosts Tekken India’s Delhi Iron Fist Tournament 2023

New Delhi: Pacific D21 Mall, Dwarka, hosted gaming tournament, Tekken India’s Delhi IronFist 2, on January 28-29, 2023. The event...