Trump Towers Pune
 | This article contains wording that promotes the subject in a subjective manner without imparting real information. (July 2021) |
Trump Towers Pune is a prominent residential development located in Pune, India. The project consists of two 23-story towers.
Overview
[edit]The development is known for its use of the name Trump. It has secured the right to utilize the "Trump" name through a licensing agreement with The Trump Organization. While the specific terms of this deal remain private, it has gained significant attention due to investigations by the Pune state government [1] These inquiries are focused on alleged discrepancies in the land documents connected to the project.[1]
In November 2016, then-President-elect Donald Trump met with property developers, Sunil and Atul Chordia, and Kalpesh Mehta at Trump Tower in New York, to raise concerns over possible conflicts of interest linked to Trump's international real estate ventures.[2][3]
Following the 2016 United States presidential election, it was reported by Politico that developers had implemented precautionary security measures for the building due to concerns over security threats.[4]
Market position
[edit]Since its inception, Trump Towers Pune has positioned itself within the luxury real estate market. The development is often compared to projects such as Trump Tower Mumbai, another Trump branded real estate project in India.[5]
See also
[edit]- The Park (residential project) – includes Trump Tower Mumbai
- List of tallest buildings in Pune
References
[edit]- ^ a b "Trump Towers Pune: project in sleepy Indian city faces investigation". the Guardian. 23 August 2016. Retrieved 31 January 2023.
- ^ Iyengar, Rishi (21 November 2016). "Here are the Indian businessmen Donald Trump met last week". CNNMoney. Retrieved 31 January 2023.
- ^ Annie Gowen, Trump's extensive deals in India raise conflict-of-interest concerns, Washington Post (21 November 2016).
- ^ Crowley, Michael (30 November 2016). "Trump's overseas properties spark security fears". Politico. Retrieved 25 October 2018.
- ^ * The Park (residential project) – includes Trump Tower Mumbai
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