The Edge: A Landmark Luxury Development

• Tower 1 of The Edge was fully sold out at launch.
• Tower 2 has already achieved 40% sales to date.
• The project features two striking 600-ft glass towers, over 35,000 sq. ft. of luxury amenities, and has quickly emerged as a new architectural icon in South Mumbai’s skyline.

The early loan repayment comes on the back of this strong sales performance, underscoring Tribeca’s ability to execute high-end developments efficiently while maintaining financial prudence.

Robust Capital Management

Tribeca’s early closure of the HDFC facility marks yet another milestone in its proactive capital management strategy.

• Over the past few years, the developer has repaid multiple project loans across cities ahead of schedule.
• The company has built a strong track record with banks and NBFCs, reinforcing lender confidence.
• Tribeca and HDFC Capital share a long-standing relationship, having partnered across multiple ventures with on-time delivery.

“We’ve always believed that great product, backed by great execution, leads to strong financial outcomes,” said Kalpesh Mehta, Founder, Tribeca Developers. “Our early closure of this facility from HDFC Capital is a testament to that approach and reflects the deep trust we’ve built with both customers and capital partners across India.”

Scaling Up Fast

Tribeca is rapidly emerging as a major player in India’s branded luxury real estate segment:

• 6+ million sq. ft. of luxury real estate launched or delivered so far
• ₹7,000+ crore total topline across projects
• ₹4,000 crore+ expected sales in FY 2024–25, driven by strong performance across Mumbai, Pune, Delhi NCR, and Kolkata
• Largest developer of Trump-branded residences globally
• Company doubled in size last year, and is on track to double again in the coming year

Key projects include Trump Towers (Delhi NCR & Kolkata), The Ark and YOO ONE in Pune, and The Edge in Mumbai.

Also Read: RBI Keeps Repo Rate at 5.5%: What It Means for Your Home Loan EMIs This Festive Season

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Licensing Model, No Capital Risk

The Trump Organisation runs its India business on a brand licensing model — it doesn’t invest a rupee in construction. Instead, it licenses the Trump name to Indian developers, who fund, build, and sell the properties, while the brand takes a fee.

This has allowed Trump to expand in India without risking any of his own capital, while pocketing significant profits.

Kalpesh Mehta-led Tribeca Developers is Trump’s main India partner, working with top builders like Lodha Group, Panchshil Realty, M3M Group, and Unimark.

From 3 Million to 11 Million Sq Ft

Since the first Trump project was announced in 2012, the brand’s footprint here has grown rapidly. Completed projects currently cover about 3.5 million sq ft in Mumbai, Pune, Gurugram, and Kolkata.

With six more under construction in Noida, Hyderabad, Bengaluru, Mumbai, Pune, and Gurugram, the total space will swell to 11 million sq ft.

Tribeca estimates these upcoming developments could generate ₹15,000 crore (around $1.8 billion) in sales.

Post-Election Expansion

After Trump’s 2024 US election victory, six new projects were announced:

• Trump World Center, Pune – First Trump-branded commercial real estate project in India, spread over 1.6 million sq ft in Koregaon Park, featuring two 27-storey glass towers, a luxury shopping street, and India’s first Trump Club for business networking. Estimated revenue: ₹2,500 crore.
• India’s First Trump-Branded Golf Course & Villas – Location yet to be revealed; a first-of-its-kind offering in the country.
• New Trump World Towers – Planned for Mumbai, Pune, and Gurugram, different from the existing Trump Towers there.

All will follow a full-stack development and management model, with one team overseeing everything from design to sales.

India Tops Global Market Outside US

Once all projects are completed, India will have 10 Trump-branded developments — more than any other country outside the United States.

So while Trump’s rhetoric on India may be gloomy, his own brand here is cashing in on the so-called “dead” economy at record pace.

Also Read: Trump’s India Partner Tribeca Launches ₹70 Lakh Studio Apartments in Andheri

The post Trump Says India’s Economy is ‘Dead’, But His Own Real Estate Earnings Here Have Tripled appeared first on Square Feat India.

U.S. President Donald Trump recently described India’s economy as “dead” triggering strong reactions across the global financial and diplomatic circles. The remark, seen as politically charged and economically inaccurate, becomes even more controversial when contrasted with Trump’s personal business interests — including his brand’s deep and ongoing involvement in India’s luxury real estate market.

The Trump Real Estate Footprint in India

Even as he disparages the Indian economy on the global stage, Trump’s own business empire — now run under a trust during his presidency — remains actively tied to multiple high-end real estate ventures in India. Among the most prominent:

• Trump Towers Pune – A twin-tower luxury residential project developed with Panchshil Realty.
• Trump Tower Mumbai – Located in Lower Parel, developed with the Lodha Group, offering ultra-luxury residences.
• Trump Tower Gurgaon – A branded project launched in partnership with Tribeca Developers and M3M India.

These properties target India’s ultra-rich with price tags ranging from ₹5 crore to ₹25 crore. Despite geopolitical rhetoric, these projects remain operational, well-marketed, and continue to attract buyers — mostly Indian high-net-worth individuals and NRIs.

Economic Contradiction or Business Hypocrisy?

“If the Indian economy is supposedly ‘dead’, why does the Trump brand remain so visibly entrenched in Indian real estate?” asks a Mumbai-based real estate analyst. “It’s not just past investments — these are long-term brand associations that indicate confidence in India’s economic future.”

Luxury real estate in India has shown consistent growth over the past two years, even outpacing mid-income housing in several metros. In fact, India is one of the few emerging markets where demand for branded residences has remained resilient post-pandemic and post-global inflation shocks.

Luxury Segment: Still Booming

According to ANAROCK’s 2025 mid-year report, the luxury housing segment in India grew 41% year-on-year, with Pune and Gurgaon showing double-digit sales growth in Q2 alone. Developers say the Trump name still holds significant cachet with elite buyers looking for international branding and exclusivity.

“The Indian economy is far from dead — it’s shifting, formalizing, and getting richer at the top. That’s exactly the segment the Trump brand targets,” says a senior executive at Tribeca Developers, who requested anonymity.

Political Soundbite vs Ground Reality

Observers point out that Trump’s comment may have been aimed at a domestic American audience, attempting to criticize global trade trends or foreign competition. But his own family brand’s sustained presence in India tells a different story — one of long-term financial optimism in the country’s economic future.

Moreover, multiple sources in the real estate sector suggest that discussions are ongoing for future Trump-branded projects in newer Tier-1 and Tier-2 cities, although details remain under wraps.

Conclusion

Donald Trump’s “dead economy” comment may score political points, but it’s at odds with the investment choices of his own business empire. While he criticizes India in interviews, his brand continues to profit from Indian consumers and investors who see luxury housing as a key asset class.

In real estate — unlike in politics — actions still speak louder than words.

Also Read: Ranbir Kapoor puts his Pune Home on Rent

The post Trump Calls Indian Economy ‘Dead’, Yet His Brand Remains Deeply Invested in India’s Real Estate Boom appeared first on Square Feat India.