Trump Jnr in India to wine and dine luxury flat buyers
The eldest son of US President Donald Trump has arrived in India to help sell luxury flats and lavish attention on wealthy Indians who have already bought units in Trump-branded developments. Donald Trump Jnr posed for photos on Tuesday morning with Indian developers, who are building the complexes in four cities. Later in the week, he is expected to make a speech about Indo-Pacific relations at a New Delhi business summit, sharing the stage with PM Narendra Modi.
The Trump Organisation has licensing agreements with all its Indian business partners, who build the properties and acquire the Trump name in exchange for a fee.
The organisation has five projects in India, making it the brand’s largest market outside the United States.
A luxury complex is already open in the central city of Pune, with other developments in varying stages of construction in the coastal cities of Mumbai and Kolkata, and two in a chrome-and-glass New Delhi suburb, Gurgaon.
A flat in the Trump Towers complex in Gurgaon runs between US$775,000 and US$1.5 million. Trump’s local partners have promised dinner with the US president’s son to anyone who buys into the development of high-rise flats boasting floor-to-ceiling windows, state of the art amenities and a “lifestyle concierge”.
At 2.5 million rupees (around FJ$78,516) just for the down payment on the smallest and cheapest flat, that is well beyond most Indians.
Nonetheless, the development has already clocked up sales worth nearly US$80 million (FJ$161, according to a statement released on Monday.South