Trump Residences Gurgaon Construction Begins
Smartworld Developers has awarded a 1,000 crore construction contract for its flagship luxury housing project Trump Residences Gurgaon, marking a major milestone in the development of the high-profile branded residential project in Gurugram.
The company confirmed that excavation at the site has been completed, while structural work has now formally commenced. As part of the phased construction plan, a INR 300 crore tender has already been released.
The ultra-luxury residential project forms part of an 11.7-acre development in Sector 69, positioning itself as one of the most ambitious branded residential developments in the National Capital Region (NCR).
Ultra-Luxury Trump Residences Gurgaon Development
The Trump Residences Gurgaon project will feature two 51-storey iconic towers comprising 298 ultra-premium residences.
Designed to meet global luxury standards, the project will include:
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Contemporary all-glass faรงade architecture
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Expansive floor-to-ceiling windows
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Private elevators for residences
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Select homes with double-height living spaces
With a total built-up area exceeding 1.2 million sq. ft., the development is expected to redefine branded luxury residential living in Gurugram.
The project represents the second Trump-branded residential development in Gurugram, following the success of Trump Towers Gurugram, which has recorded strong appreciation in property value since its launch.
Strong Market Demand for Branded Residences
The Gurugram luxury real estate market has seen rising demand for branded residences backed by global hospitality and lifestyle brands.
According to project data, prices at Trump Residences Gurgaon have increased significantly since launch, rising from โน25,000 per sq. ft. to โน32,000 per sq. ft. within six months.
Industry projections suggest that investors could potentially witness up to 300% appreciation by the time of project delivery, reinforcing the strong investment potential of branded luxury real estate in India.
The earlier Trump Towers Gurugram development has already delivered up to 200% appreciation, highlighting sustained demand for high-end branded homes.
Homeowners will also benefit from club hospitality and facility management by Roseate Hotels & Resorts, further strengthening the lifestyle offering.
Record Sales and Buyer Confidence
The project witnessed an unprecedented response from buyers, achieving a 100% sell-out on launch day and recording โน3,250 crore in sales.
The strong response reflects the growing appeal of global branded residences among Indiaโs ultra-high-net-worth individuals (UHNWIs) and investors.
A recent โTrump Privรฉ Dinnerโ brought together homeowners, investors, and future residents in what was described as the largest global gathering of Trump property owners.
Many buyers view the development as both a lifestyle asset and a long-term wealth investment, driven by the global recognition of the Trump brand and Gurugramโs rising luxury property market.
The project is being developed by Tribeca Developers, the official representatives of the Trump brand in India, in collaboration with Smartworld Developers.
Smartworld Developersโ Expansion Strategy
The project marks Smartworld Developersโ strategic entry into the ultra-luxury branded residences segment and represents the companyโs seventh development.
The developer has delivered several projects in Gurugram including:
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Smartworld Orchard
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Smartworld Gems
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Smartworld Orchard Street
It also continues to expand across key NCR corridors with projects such as:
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Smartworld The Edition
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Smartworld Sky Arc
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Smartworld One DXP
Beyond Gurugram, the company recently entered the **Noida real estate market with the launch of Elie Saab Residences Noida, a six-acre luxury development comprising 200 three- and four-bedroom homes.
Rapid Growth in NCR Luxury Real Estate
Smartworld Developers has reported โน6,400 crore in sales for FY24-25, representing a 60% year-on-year growth.
The company has committed โน10,000 crore in development investments, of which โน5,000 crore in construction contracts have already been awarded.
Maintaining a debt-free balance sheet, the developer continues to expand rapidly across high-growth micro-markets such as Golf Course Road Extension and Dwarka Expressway in Gurugram.
With construction now underway, Trump Residences Gurgaon is expected to become one of the most prominent branded luxury residential addresses in India, reinforcing Gurugramโs position as a leading hub for ultra-premium real estate and global lifestyle developments.
The project underscores the accelerating growth of branded luxury residences in India, where global brands and real estate developers are collaborating to deliver hospitality-led living experiences for affluent buyers.
