Trump Residences Gurugram Sells Out on Launch Day, ₹3,250 Crore in Sales Reported
Trump Residences in Gurugram, developed by Smartworld Developers and Tribeca Developers in collaboration with The Trump Organization, achieved a major real estate milestone by selling out on its launch day. The premium residential project secured an impressive ₹3,250 crore in allotments within hours of its opening. This includes the complete allotment of its four ultra-luxury penthouses, each valued at ₹125 crore, underscoring the strong demand for branded, high-end real estate in India.
This is the second Trump-branded residential development in Gurugram and the sixth in India. With this launch, Gurugram becomes the only city outside New York to host two Trump-branded residential towers, reaffirming its stature as a key luxury real estate destination. The newly launched Trump Residences are located in Sector 69 and will comprise two imposing 51-storey towers featuring 298 high-end residences. The total saleable area spans approximately 12 lakh square feet. The residences were priced between ₹8 crore and ₹15 crore, and the entire inventory was absorbed on the day of launch, an indication of both strategic pricing and deep market demand.
Tribeca Developers, the India partner of The Trump Organization, is responsible for the brand collaboration and sales strategy. Smartworld Developers is leading the execution, including construction, customer service, and overall project delivery. Tribeca will also oversee design and quality control, ensuring adherence to global luxury benchmarks associated with the Trump brand. According to both firms, the response to the launch surpassed expectations and reaffirms the positioning of the project in India’s premium property segment.
Speaking about the sellout, Pankaj Bansal, Founder of Smartworld Developers, said that the overwhelming response reflected India’s growing aspiration for world-class living. He added that Smartworld is committed to delivering this landmark development in line with the expectations of its customers. Kalpesh Mehta, Founder of Tribeca Developers, remarked that the ₹3,250 crore launch day sales place this transaction among the largest luxury residential deals in India’s history. He emphasized that the Trump brand continues to have a powerful appeal among India’s discerning buyers, reflecting not just aspiration but confidence in a globally recognized brand of luxury.
The first Trump Towers project in Gurugram, Trump Towers Delhi NCR, was launched in 2018 and is also fully sold out. It is slated for delivery later this month. The second project strengthens the Trump Organization’s footprint in India and highlights the evolution of Gurugram into a luxury residential destination.
Smartworld Developers has also reported strong business performance, with ₹6,400 crore in sales in FY 2024–25, representing a 60% year-on-year increase. The company sold over 1,300 residential units covering 3.5 million square feet. It has begun delivery of its initial flagship projects—Smartworld Orchard and Smartworld Gems—with nearly 2 million square feet already handed over.
Tribeca Developers, meanwhile, has developed 13 branded residential projects across India, representing 14 million square feet and valued at over ₹16,000 crore. It is currently the largest developer of Trump-branded properties globally, second only to The Trump Organization.
