Now Reading: Trump Towers Hyderabad to launch in October, aims Rs 4,200 crore sales
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Trump Towers Hyderabad to launch in October, aims Rs 4,200 crore sales
Trump Towers Hyderabad to launch in October, aims Rs 4,200 crore sales
Tribeca Developers and Ira Realty will launch Trump Towers Hyderabad in Kokapet in October, the Trump brand's first south India project. The twin 65-storey towers, rising 242 metres, will house over 450…
The Story in Brief
Tribeca Developers and Ira Realty will launch Trump Towers Hyderabad in Kokapet in October, the Trump brand's first south India project. The twin 65-storey towers, rising 242 metres, will house over 450 residences priced between Rs 5.3 crore and Rs 18 crore, with sales expected at Rs 3,500-4,200 crore. Sixteen penthouses are available; eight have already been sold. The development comes amid a luxury housing boom in Hyderabad, where the Kokapet micro-market recorded the highest residential sales value in India in 2025 at Rs 24,341 crore.
The Trump Organization now has seven projects in India, the largest number outside North America. NRIs, who typically account for 5-10% of sales in Trump-branded projects, are expected to make up 25-30% of buyers in Hyderabad, a company executive told livemint.com.
The Indian Opinion
Luxury housing for a few is being sold as an economic boom for all. Headlines about Rs 4,200 crore sales and 242-metre towers ignore that this project benefits a thin slice of buyers, mostly NRIs, and does little for Hyderabad's housing shortage. The real test is whether the city's planners will extract enough infrastructure contribution from such projects or let hype substitute for equitable growth.
Source: livemint.com
This story was synthesised by AI from the source linked above.
