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Trump Residences Gurugram Sets New Record with ₹3,250 Crore Sellout

13th May 2025

4 Min Read

Trump Residences Gurugram: Setting a New Record in India’s Luxury Real Estate

The city of Gurugram has made headlines with the spectacular launch of Trump Residences, a project that has redefined the standards of luxury living in India. Developed by Smartworld Developers in partnership with Tribeca Developers, this ultra-premium residential project achieved a record-breaking feat by selling out all 298 residences on launch day, raking in an astonishing ₹3,250 crore in sales. Among the highlights were four exclusive penthouses, each valued at ₹125 crore, which were quickly allotted to eager buyers.

Gurugram: A Global Address for Trump-Branded Luxury

Located in Sector 69, Trump Residences Gurugram marks a significant milestone as the only city outside New York to host two Trump Towers. The project comprises two iconic 51-storey towers, offering a total saleable area of 12 lakh square feet. With residences priced between ₹8 crore and ₹15 crore, the development attracted India’s most discerning homebuyers, all of whom secured their dream homes on the very first day of launch. This overwhelming demand underscores the growing appetite for branded, world-class living experiences in India’s thriving luxury real estate market.

The Power of Collaboration: Smartworld and Tribeca

The Trump Residences project is a result of the synergy between Smartworld Developers and Tribeca Developers, in collaboration with The Trump Organization. Smartworld oversees the development, construction, and customer service, ensuring that every detail meets the highest standards. Tribeca leads the design, marketing, sales, and quality control, bringing their expertise in luxury real estate to the table. Kalpesh Mehta, founder of Tribeca Developers, remarked, “Selling ₹3,250 crore on Day 1 places this among the biggest luxury deals the country has ever seen. This launch proves the unmatched magnetic pull of the Trump brand and how deeply it resonates with India’s most discerning buyers.”

A Milestone for Gurugram and India’s Luxury Market

Trump Residences Gurugram is not just another real estate project-it is a landmark moment for India’s luxury property sector. The city’s first Trump-branded residential development, Trump Towers Delhi NCR, launched in 2018, is also fully sold out and is set for delivery soon. These successes have cemented Gurugram’s reputation as a premier destination for ultra-luxury living, attracting high-net-worth individuals from across the country.

Smartworld Developers: Driving Growth and Excellence

Smartworld Developers have demonstrated remarkable growth, reporting ₹6,400 crore in sales for FY24–25-a 60% year-on-year increase. The company sold over 1,300 residential units across 3.5 million square feet and has begun delivering flagship projects like Smartworld Orchard and Smartworld Gems. Additional high-end developments such as Smartworld Sky Arc, Smartworld The Edition, and Smartworld One DXP further showcase the company’s commitment to quality and innovation in Gurugram’s real estate landscape

Tribeca Developers: Leaders in Branded Residences

Tribeca Developers stand out as the largest developer of branded residences in India, with a portfolio of 13 projects spanning 14 million square feet and valued at over ₹16,000 crore. The company is expanding rapidly, targeting ₹2,000 crore in sales for FY25 and ₹3,500 crore for FY26. Tribeca is also recognized as the largest builder of Trump-branded properties globally, second only to The Trump Organization itself. Notably, Tribeca has constructed the world’s largest rooftop terrace, nearly 3 acres in size, setting new benchmarks in luxury real estate development.

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