US President-elect Donald Trump, who has just pulled off a shock win over his Democratic rival Hillary Clinton, recently said in an interview that India “is doing great, but nobody talks about itâ€.
Trump has more than just a passing interest in India. In fact, the Trump Organization has joined hands with three companies in India for real estate projects in Mumbai, Pune and Gurgaon.
In fact, in July, Trump’s son, Donald Trump Jr. had said that they were bullish on India. “We are very bullish on India and plan to build a pan-India development footprint for Trump-branded residential and office projects. We have a very aggressive pipeline in the north and east and look forward to the announcement of several exciting new projects in the months ahead,†Trump Jr. had told the Hindustan Times newspaper.
.png)
In Pune, Trump’s company has tied up with Atul Chordia-promoted Panchshil Realty for a residential project. In Mumbai, it has signed a pact for a 75-storey building with the Lodha Group, founded by Mangal Prabhat Lodha, who is also a Bharatiya Janata Party leader. In Gurgaon, Trump Organization is coming up with a Rs 1,000 crore luxury office tower, in partnership with private equity fund and developer Ireo.
Like this report? Sign up for our daily newsletter to get our top reports.