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Trump Towers Pune are two 23-story towers of condominiums in the city of Pune in Maharashtra, India. [1] The buildings have one apartment on each floor. [2]
Overview
Despite its name, the Trump Towers Pune property is not owned by or developed by The Trump Organization, and it has not invested any money in the project. The project has received the right to use the name "Trump" under a real estate licensing deal with Trump. The exact terms of the deal are not public. [3]
The "Trump Towers Pune" project is the subject of two investigations by the Pune state government and local police after discrepancies were found in documents related to the land on which the luxury apartment block is being built. [3]
In November 2016, the then President-elect of the United States Trump met with three Indian property developers, Sunil and Atul Chordia (his business partners on the Trump Towers Pune project) and Kalpesh Mehta (another Indian businessman), at Trump Tower in New York, raising concerns about potential conflicts of interest arising from his dual roles as a businessman and president. [4] [5]
On 30 November 2016, Politico reported that an individual working for the building's developer told BuzzFeed that the building is taking precautionary measures since the 2016 United States presidential election. [6]
See also
- The Park (residential project) — includes Trump Tower Mumbai
- List of tallest buildings in Pune
References
- ^ Venkataraman, Ayesha; Barry, Ellen; Lipton, Eric (20 November 2016). "Indian Business Partners Hope to Exploit Their Ties to Donald Trump". The New York Times. ISSN 0362-4331. Retrieved 31 January 2023.
- ^ Sharma, Ravi Teja. "Rishi Kapoor, Ranbir Kapoor buy apartments in pune's Trump Towers". The Economic Times. Retrieved 31 January 2023.
- ^ a b "Trump Towers Pune: project in sleepy Indian city faces investigation". the Guardian. 23 August 2016. Retrieved 31 January 2023.
- ^ Iyengar, Rishi (21 November 2016). "Here are the Indian businessmen Donald Trump met last week". CNNMoney. Retrieved 31 January 2023.
- ^ Annie Gowen, Trump's extensive deals in India raise conflict-of-interest concerns, Washington Post (21 November 2016).
- ^ Crowley, Michael (30 November 2016). "Trump's overseas properties spark security fears". Politico. Retrieved 25 October 2018.
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