The company is targeting Rs 25 billion (Rs 2,500 crore) from the sale of 250 units in this project, which was launched on Wednesday.
M3M India is developing this project 'Trump Towers Delhi NCR' at an investment of Rs 12 billion (Rs 1,200 crore), excluding land cost. Tribeca has got the exclusive right to market this project, while The Trump Organization has lent the Trump brand.
The company sold 20 super luxury homes on Wednesday.
The project offers 250 ultra-luxury residences with initial price ranging from Rs 50 million (Rs 5 crore) to Rs 100 million (Rs 10 crore).
The construction work of the towers, each around 50 floors and over 600 ft facing golf course, will start in March and the project will be completed in 5 years.
M3M India has a land bank of 2,200 acres in and around Gurgaon. It has already completed 8 projects and is currently developing 12 projects.