Smartworld Developers Awards Rs 1,000 Cr Construction Contract for Trump Residences Gurgaon

Smartworld Developers, a new age real estate brand has awarded a construction contract worth INR 1,000 crore for its landmark ultra-luxury project, Trump Residences Gurgaon, marking a major milestone in the project’s development. Excavation at the site has been completed, and as part of the phased construction strategy, a INR 300 crore tender has already been released. Structural construction has now formally commenced.

Part of an expansive 11.7-acre development in Sector 69, Gurugram, Trump Residences Gurgaon will feature two iconic 51-storey towers comprising 298 ultra-premium residences. Designed to meet global luxury benchmarks, the development will showcase a contemporary all-glass façade, expansive floor-to-ceiling windows, private elevators, and select residences with double-height living spaces. With a total built-up area exceeding 1.2 million sq. ft., the project is positioned to set a new benchmark for branded luxury living in the region. It will be the second Trump-branded residential development in Gurugram, following the success of Trump Towers Gurugram, which has delivered strong capital appreciation and established a benchmark for branded luxury living in the region.

The Trump-branded residential legacy in Gurugram has demonstrated strong long-term value creation for homeowners and investors alike. The first Trump development in the city has witnessed up to 200% appreciation, with residents now actively moving in and experiencing globally benchmarked luxury living. The recently launched Trump Residences has recorded strong buyer demand and price appreciation, with prices rising from Rs. 25,000 per sq. ft. at launch to Rs. 32,000 per sq. ft. within a span of six months, reinforcing sustained market demand and investor confidence. In keeping with its global prestige, home owners of Trump Towers, Delhi NCR will enjoy club hospitality and facility management by Roseate Hotels & Resorts.

Industry projections indicate that buyers at Trump Residences Gurgaon could potentially see an estimated 300% appreciation on their investment by the time of delivery, highlighting the project’s strong value proposition within India’s ultra-luxury residential landscape.

Commenting on the milestone, Surender Kumar Sharma, Chief Construction Officer, Smartworld Developers, said, “Trump Residences Gurgaon represents a significant step in Smartworld’s evolution into globally benchmarked branded developments. With excavation completed and structural work now in progress, we are advancing construction in a phased and strategic manner to deliver a landmark development aligned with international standards.”

Recently, in a first-of-its-kind gathering, proud homeowners were invited to an exclusive ‘Trump Prive Dinner,’ bringing together the largest-ever global congregation of Trump owners. The milestone evening saw ultra-HNIs, first-generation wealth creators, and future neighbours, connecting, networking and building relationships.

Sharing his experience, a homeowner at a Trump branded residence said, “Choosing a Trump Home fulfils a desire and pride of owning a globally recognised branded residence, regarded as one of the most powerful addresses in the world. It is an address with a legacy of its own, one that we look forward to passing on to future generations.”