Trump gets trumped

Donald Trump may be a big brand abroad but Indians are not so ready to lighten their bank balances for apartments endorsed by him in Mumbai. Priced at Rs 9 crore, the flats constructed by Lodha Builders are receiving little interest from consumers owing to their high price tag. Taking advantage of the situation, Lodha's immediate competitor Indiabulls indulged in a little ambush marketing by selling flats worth Rs 1,500 crore in a week by dropping its prices in Mumbai's tony Worli area - exactly when Trump's lavish ad campaign was on in the city. Trump's turn to be trumped?
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Sep 07 2014 | 10:10 PM IST
