Trump Organization announces new India office project

The Trump Organization and its local real estate partners have announced a new commercial tower project in India as the U.S. president’s family business seeks to tap into demand in the world’s most populous country. India is already home to four Trump-branded residential complexes, making it the largest market outside America for his family business, with more projects on the slate.

Indian partner Tribeca Developers announced on Wednesday that it would develop a new “Trump World Center” in the western Indian city of Pune in partnership with real estate firm Kundan Spaces. The project, expected to generate sales exceeding $289.6 million, will span more than 1.6 million square feet and feature “two iconic glass towers with over 27 floors of office space,” according to a statement.

“This new development marks The Trump Organization’s first foray into commercial real estate in India and will join the extensive portfolio of Trump residential properties in the region,” the statement added. Eric Trump, executive vice president of the Trump Organization and the U.S. president’s second son, said that India had “embraced the Trump brand” with “remarkable enthusiasm” and expressed pride in launching their first commercial development in the country.

The U.S. president is not involved in managing the family company, but the Trump Organization’s foreign business dealings have prompted criticism of possible conflicts of interest. Eldest son Donald Trump Jr. visited India in 2018 when the Trump Organization’s local partners promised dinner with him to anyone who bought into a luxury development outside the capital, New Delhi.

India’s office market saw robust growth in 2024, with leasing activity across the top seven cities increasing by nearly 23 percent year-on-year, according to estimates by real estate management firm JLL.