Tribeca Developers Expands into Plotted Development with Tribeca Estates
Tribeca Developers, India's licensed partner of the Trump Organization and a key player in the branded luxury residences segment, has announced the launch of Tribeca Estates, a new business vertical focusing on premium plotted developments, branded villas, and real estate formats driven by the hospitality sector.
The firm has revealed that it is currently negotiating five deals covering more than 300 acres along the Mumbai–Pune corridor, indicating a strong entry into India's plotted-development market, which is experiencing rapid growth. With this strategic move, Tribeca is formally diversifying its portfolio beyond luxury high-rise towers into land-led large-format communities, one of the fastest-growing sectors of India's residential market. The new vertical will still own the land but will incorporate design innovation, lifestyle amenities, and carefully selected hospitality partnerships, addressing the growing demand for low-density residential housing with flexible living options.
In an official statement, the company said, “With five deals already under negotiation covering more than 300 acres across the Mumbai-Pune corridor, Tribeca Estates is gearing up for a strong market debut.”
Tribeca Estates aims to revolutionize the plotted development market by infusing the signature design ethos of the brand, which has been instrumental in creating some of the most iconic branded residences in India. Instead of conventional, haphazardly plotted layouts, the new vertical will focus on master-planned communities with tree-lined avenues, controlled architectural guidelines, curated amenities, and collaborations with global hospitality brands.
Kalpesh Mehta, Founder of Tribeca, emphasized that the new business addresses a long-standing gap in India’s land-led housing segment. “Land is the most permanent asset a family can own – and yet, the plotted space has lacked imagination and trust. With Tribeca Estates, we are bringing the same level of design innovation, execution quality, and credibility that defined our trophy residential portfolio into a segment that has long been underserved. We’re not just selling plots. We’re enabling people to build a legacy.”
The residential market for plotted developments in India has seen a significant rise in demand, primarily due to changes in lifestyle after the pandemic and the desire for large, tailor-made homes. According to industry sources, 62% of urban homebuyers consider large open spaces the most important feature of a home, while 48% prioritize low-density formats.
Dharam Mehta, Managing Partner at Tribeca Estates, sees a transformative opportunity. “There is a massive demand for trusted, design-forward land development in India. Our goal is to elevate the category by offering beautifully planned communities that combine the flexibility of land ownership with the aesthetic and service standards of luxury real estate.”
Tribeca Developers manages a project portfolio of 13 projects spanning 14 million sq ft with a combined valuation of over ₹16,000 crore. The company has announced ambitious growth plans, targeting sales of ₹2,000 crore in FY 2025 and ₹3,500 crore in FY 2026. Tribeca Developers has been a key player in major milestones, including the creation of the world's largest rooftop terrace (close to 3 acres) and the launch of the branded residences segment in India. Additionally, it is the largest developer of Trump-branded properties worldwide, excluding the Trump Organization.
