Tribeca to bring Trump Towers to Mumbai, Pune, and two other Indian cities, seeking new deals in the country's growing real estate market.
Donald TrumpReal EstateMumbaiPuneLuxury PropertiesReal Estate PuneAug 22, 2024
Mumbai, Pune, and two other metropolitan areas have been shortlisted for Trump Towers in India.
Tribeca is focusing on luxury residential and commercial projects in India.
Mumbai is the financial capital of India, while Pune has emerged as a major IT hub, making them attractive destinations for luxury residential and commercial projects.
Tribeca's expansion is expected to create new opportunities for investors and homebuyers, while its focus on luxury properties is likely to attract high-end buyers.
The Indian real estate market has seen significant growth in recent years, driven by government initiatives and increasing demand for housing and commercial spaces.
Uno Minda's market cap surges past ₹58,000 crore as shares reach a record high of ₹1,025 apiece on the National Stock Exchange.
Private equity, hedge funds, and real estate have experienced a boom lately; A study by Morgan Stanley shows that adding 20% alternates to portfolios reduces volatility by 26% and increases returns by 15%.
Real Estate - Housing prices in the top eight Indian cities continue to rise, marking an 11% increase year-over-year (YoY).
Real estate developers are optimistic despite the steep rise in housing prices in India's top cities. Gurugram has seen the most significant increase, with prices jumping by 160%, according to a recent report by PropEquity.
Residential sales bookings have witnessed a significant drop of 10-15% in the run-up to Diwali due to rising property prices and a lack of new launches in cities like Mumbai, Hyderabad, and others. Developers initially anticipated a 20-40% increase in sal
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