Grand Theft America / Receipt money-2025-05-13-031
Trump-branded Gurugram towers sell out in hours
All 298 units of Trump Residences Gurugram, a licensed project with Indian developers Tribeca and Smartworld, sold out on launch day for roughly $382 million.
Verified through 2026-07-08Source: Business StandardCorrections: none logged
What happened
The two 51-story towers mark the Trump Organization's fifth branded residential project in India. The Organization does not build or own the towers; it licenses its name for a fee not broken out from India's overall 2025 licensing take.
Why it matters
Indian buyers paid a premium specifically for the sitting president's name on their apartments, generating licensing income from a country whose trade relationship with Washington was under active negotiation.
Receipt details
- Sell the office
- Deal value
- $382M
