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Tribeca Developers

From Wikipedia, the free encyclopedia
Tribeca Developers
IndustryReal Estate
Founded2012
Headquarters,
Websitewww.tribecadevelopers.com

Tribeca Developers is an Indian real estate company, headquartered in Mumbai. Tribeca Developers is The Trump Organization's licensed partner in India.[1][2]

The company has developed projects in multiple cities in India, including Mumbai, Pune, Kolkata, Delhi NCR.[3][4]

History

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Tribeca Developers was founded in 2012 by Kalpesh Mehta with a focus on luxury residential projects. In 2013, Tribeca obtained brand licensing rights for The Trump Organization in India.[5]

In 2017, Tribeca transitions from a mere brand licensing partner to a co-developer for the Trump Organization in India, inaugurating Trump Towers in Gurugram and Kolkata.[5]

In 2018, despite a stagnant luxury real estate market, Trump Towers Gurugram sold approximately 100 apartments within a month of its inauguration.[5]

In January 2024, Tribeca Developers partnered with Tejukaya Group with Rs. 1000 crore investment.[6][7]

The company also announced new Trum projects in Noida and Hyderabad.[8]

In April 2025, Tribeca launched India's first rental housing development platform Trilive.[9][10]

Notable Projects

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The company has plan of Rs. 7000 crore investment to launch four more Trump-branded real estate projects in 2025.[11]

Trump World Center Pune

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Trump World Center Pune is The Trump Organization's first commercial project in India.[12]

The company also partnered with Kundan Spaces with Rs.2500 crore investment to complete the project.[13]

Trump Residences Gurgaon

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Trump Residences Gurgaon is the 2nd Trump project in India. Tribeca Developers partnered with Smartworld with an investment of Rs 1200 crore.[14][15]

Reports say that Donald Trump Jr. is directly monitoring this project.[16]

The Edge

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The Edge is Tribeca's residential project on 2.5 acres and comprising roughly 400 units.[17]

References

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  1. ^ "Tribeca Developers plans ₹7,000 crore investment for four more Trump-branded projects in India". Hindustan Times.
  2. ^ "कल्पेश मेहता: जहां खत्म होती है बिल्डरों की सोच, वहां से सोचना शुरू करते हैं मेहता जी, ट्रंप इनके यार". News18 (in Hindi). CNN-News18. 24 March 2025.
  3. ^ "New Trump-branded luxury residential project launched in India". The Business Times. The Business Times (Singapore). 16 April 2025.
  4. ^ "After New York, Gurugram to house second Trump residential project". business-standard.com. Business Standard.
  5. ^ a b c Nandy, Madhurima (29 March 2025). "How this real estate newbie made a killing with his Trump card". mint. Mint (newspaper).
  6. ^ "Tribeca Developers raises Rs 200 crore from HDFC Capital for luxury housing project in Mumbai - ET RealEstate". ETRealty.com.
  7. ^ "Tribeca to develop Mumbai luxury housing project with ₹200 crore financing from HDFC Capital". thehindu.com. The Hindu. 10 January 2024.
  8. ^ "After Mumbai and Gurgaon, super luxurious Trump Towers to come up in Noida, Bengaluru and..." India.com.
  9. ^ Nandy, Madhurima (7 April 2025). "Tribeca Developers launches rental housing development platform Trilive | Company Business News". mint. Mint (newspaper).
  10. ^ "Tribeca Launches India's First Rental Housing Development Platform Trilive". Realty Plus Magazine.
  11. ^ "Tribeca Developers plans ₹7,000 crore investment for four more Trump-branded projects in India". Hindustan Times. 21 March 2025.
  12. ^ "Trump World Center Pune: Here's what we know about The Trump Organization's first commercial project in India". Hindustan Times.
  13. ^ "Tribeca Developers and Kundan Spaces announces Rs 2,500 crore 'Trump World Center' in Pune - ET RealEstate". ETRealty.com. The Economic Times.
  14. ^ "Trump Residences Gurgaon: Rs 1200 crore investment! Smartworld & Tribeca Developers announce 2nd Trump project in India". ET Now. 17 April 2025.
  15. ^ Khan, Arshad (16 April 2025). "Launch of Trump Residences Gurgaon announced, to include two 51-story towers". The New Indian Express.
  16. ^ "Trump Jr or Erik likely to visit India by June: Trump Towers Indian partner Kalpesh Mehta". The Economic Times. 16 April 2025.
  17. ^ "Tribeca Developers Completes Rs 1,000 Crore Sale Of Luxury Apartments In Mumbai". NDTV. 21 August 2024.