Pune – The Trump Organization is set to make its entry into India’s commercial real estate market with the launch of Trump World Center in Pune. This marks the organization’s first commercial office project in India, announced by Tribeca Developers, the Trump Organization’s licensed partner in the country.
While this is the first commercial project, it is the second Trump-branded development in Pune. Over a decade ago, the organization collaborated with Panchshil Realty on a residential project in the city. India already hosts four Trump-branded residential projects, making it the largest market for the brand outside the United States.
Trump World Center is being developed on a 4.3-acre plot on North Main Road in Koregaon Park Annexe, Pune, as per Tribeca Developers.
The project will cover 1.6 million square feet and include a mix of commercial office spaces and retail areas. It will feature two 27-story towers designed to offer premium workspace solutions.
Tribeca Developers is leading the project in collaboration with Pune-based Kundan Spaces. “Construction has already started, and necessary approvals have been secured. Some design modifications are in process, but excavation work is underway,” said Kalpesh Mehta, founder of Tribeca Developers.
The estimated investment for Trump World Center, Pune, stands at ₹1,700 crore, with revenue shared equally between Tribeca Developers and Kundan Spaces.
“We are funding the project through a mix of debt, equity, and sales proceeds. The focus is on selling smaller office spaces ranging from 5,000 to 7,000 sq ft, while a portion of the project will be leased,” Mehta added.
For now, the primary focus is on Trump World Center Pune. While Tribeca Developers has multiple residential projects in the pipeline, expansion of the commercial portfolio will be considered once the Pune project nears completion.
The Trump brand’s growing footprint in India signals a continued interest in premium real estate, making Trump World Center Pune a landmark development in the country’s commercial space.