The Herald (South Africa)

Trump’s son to wine and dine Delhi flat buyers

-

DOZENS of property investors and their families will be treated to dinner with Donald Trump jnr in Delhi this week after snapping up flats in a Trump Towers luxury developmen­t in Gurgaon on the outskirts of the Indian capital.

Trump’s local partners have promised dinner with the US president’s son to anyone who buys into the developmen­t of high-rise apartments boasting floor-to-ceiling windows, state-of-the-art amenities and a lifestyle concierge.

At 2.5-million rupees (R450 000) just for the downpaymen­t on the smallest and cheapest flat, that is well beyond most Indians.

Nonetheles­s, the developmen­t has already clocked up sales worth nearly $80-million (R930millio­n) according to a statement released yesteron Monday.

“Despite the sluggish- ness of the luxury residentia­l market in Delhi NCR [National Capital Region] and in India, the project has smashed all sales records,” it said.

About 75 people have already stumped up and Indian developer Tribeca expects that number to increase to 100 before the promotion deadline expires on Thursday, a staff member said on condition of anonymity.

“The meeting is a token of gratitude to the clients for showing tremendous faith in the upcoming project,” the Tribeca employee said.

The 47-storey towers will comprise 250 homes and are expected to be completed by 2023, with prices ranging from 55-million to 110-million rupees (R9.9-million to R19.8-million).

Adverts in Indian newspapers yesterday promised prospectiv­e buyers their neighbours would include a renowned industrial­ist, art maestro and famous Indian cricketer. –

 ??  ?? DONALD TRUMP JNR
DONALD TRUMP JNR

Newspapers in English

Newspapers from South Africa