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M3M records 150 crore in sales on first day of Trump Towers launch

ANI  |  Gurugram (Haryana) [India] 

M3M and Developers have announced the launch sales of "NCR", a residential development, at the prime of (India's National Capital Region).

On the first day of the launch, recorded sales of Rs. 150 crores with the sale of 20 super luxury homes.

This project marked the first entry of the iconic brand into the Delhi-NCR and the fourth in India, a country with the most number of Trump branded properties outside of

According to Pankaj Bansal, Director, M3M Group, "We have recorded sales of Rs. 150 crores on the first day of launching the iconic in The initial 100 buyers will fly to the US where they will be hosted by Jr. The project is a part of our flagship project M3M Golf Estate in Golf course road extension. This project has fulfilled my dream of building a global landmark in my city and we are extremely proud to be associated with the The global appeal of the Trump brand along with the absolute best product offering will give the luxury residential market a much needed boost."

NCR is a joint venture between Gurugram-based M3M Pvt. Ltd and Mumbai-based Developers, and is the largest Trump branded project in at this time.

has invested a total of Rs.1200 crores in the project (exclusive of land cost) and is expecting a revenue of Rs. 2500 crores from the same.

The project offers 250 ulta luxury residencies ranging from Rs 5 crores to Rs. 10 crores. The size of the flats is from 3500 square feet to 7500 square feet.

The target market for this project is high net worth individuals (HNIs) and NRIs.

Jr., of the said: "Trump Towers NCR will quickly become the most prestigious address in the city. With its stunning architecture, beautiful interior options and lavish amenity spaces, our goal was to bring the best of the Trump brand and luxury living to I'm incredibly proud to see the overwhelming response that Kolkata has received during the soft launch and look forward to repeating this success with

"We have had a fantastic relationship with Kalpesh Mehta from over the last seven years, resulting in India becoming our largest residential market outside of Basant and of M3M are an excellent team with strong family values and a rich legacy, much like my family and I am honored to be working with them on this development."

The construction the Trump towers will start in March and the project will be completed in five years. Each tower will have around 50 floors rising over 600 feet that will be amongst the tallest towers in the region. The interiors of the project have been designed by - based who has worked on various Trump projects. The landscaping has been done by US based organisation - Scape.

The striking all glass façade is a signature Trump style with sleek lines and an imposing form. Design is at the core of the residences with every room featuring expansive floor-to-ceiling windows, flooding each residence with natural light and providing spectacular views of the city, adjoining 9-hole golf course and the Aravalis Range. Each residence has a private elevator which opens into the awe-inspiring private entry, offering owners the ultimate privacy. A third of the residences boast over22 feet high double-height living rooms, giving them a duplex penthouse feel, despite being simplexes.

Residents will enjoy an exclusive collection of super luxury amenities at the including Gurugram's first temperature controlled indoor pool, spa and fitness center with sauna, steam and massage rooms, library, lounge, games room, children's play area, a fine-dining restaurant and center, just to name a few. The building's handpicked staff will provide in-residence catering, a concierge, 24-hour doorman, and

M3M India has a of 2,200 acres in and around It has already completed 8 projects and is currently developing 12 projects.

To give the prospective residents a glimpse of the white glove service that the world of Trump provides, the developers have chosen to create a sales gallery at The Oberoi, - a first for the city and the country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 14:15 IST