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    M3M sells flats worth Rs 500 crore in Trump Towers at Gurgaon

    Synopsis

    The project was announced in mid-January 2018 and has already clocked Rs 500 crore worth bookings in little under a month of launch.

    PTI
    NEW DELHI: Realty firm M3M India today said it has sold properties worth Rs 500 crore in the Trump Towers project in Gurgaon in the last one month.

    The company is targeting Rs 2,500 crore from the sale of 250 units in this project.

    Global realty brand 'Trump Towers' made its debut in North India through M3M India and Tribeca Developers.

    "The project was announced in mid-January 2018 and has already clocked Rs 500 crore worth bookings in little under a month of launch. The project has sold over two residences a day since launch with an average ticket price of Rs 7.5 crore," M3M India said in a statement.

    'Trump Towers Delhi NCR' is being developed at an investment of 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.

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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more
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