Housing-Estate.com, Jakarta – Republican victory that brought Donald Trump as the 45th US president made the dismay of many people. In addition to many controversial figure who questioned the policies and the continuation of its business. Known as Shen property, assets and networks already menggurita to all corners of the world, including Indonesia and India. If Indonesia is not yet known it goes not so with the country’s Shahrukh Khan that.
“India may be the country with the number of projects real estate luxury Trump largest outside of North America,” said Kalpesh Mehta, managing partner of Tribeca Developers, a company representative property Trump in India. Here, further Mehta, Trump is developing five projects with a construction cost of 1.5 billion dollars, or nearly $ 20 trillion. Two projects were ang sed in the sales phase, and the project was ready even handed. “Three other projects will be launched next year,” said Mehta, adding that it will continue to seek opportunities to invest in India.
In addition to the three projects, the other two apartment project with the twin towers as tall as 46 floors in Pune developed with Panchshil Realty and an apartment project in Lower Parel, Mumbai (300 units) were developed with Lodha Group. All these projects categorized as luxury apartments.
According to Mehta, the two projects in Pune and Mumbai is performing well, both in price and sales. Projects in Mumbai, the price has gone up 35 percent, even the ones in Pune price is 60 percent higher than the price of similar project there. No wonder that both local partners Trump can reap more profits and plan to work together again.
“The Trump Organization assess Lodha Group as a partner who gives a positive value and hope to work together again to develop other projects in the Trump Tower Mumbai , With the already well-known brand, Trump gives more value for Indian consumers, “said Abhishek Lodha, managing director, Lodha Group. In India, all managed by the Trump project Abhijit Joshi of Veritas Legal.
Similar statements also said Sagar Chordia, director of Panchshil Realty. He said, “These business relationships beneficial not only for us as well for consumers. Donald Trump himself a member touches on the details. Therefore we are proud to be introducing new projects and is expected to also successful as previous projects, where also a first for Trump entered India. “The rental rate apartments Trump’s Pune highest recorded derby, the two units are leased to two actresses India, Rishi Kapoor and Ranbir Kapoor, costing Rs530 thousand / month (Rp105 million / month) and Rs400 thousand / month (Rp79,5 million per month).
At the beginning of the year, Donald Trump Jr., the son of Donald Trump who acted as executive vice president of the Trump Organization, said, “We’ve been successful in two projects in Pune and Mumbai, therefore we will develop also in the north and east. We hope to continue to develop projects in other cities in India. “Conglomerate world is targeting the major cities of India such as Bangalore, Chennai, Hyderabad and Goa, to build a property super fancy.
Source: Economic Times
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