At 2.5 million rupees (around $39,000) just for the down payment on the smallest and cheapest flat, that is well beyond most Indians. The 47-storey towers will comprise 250 homes and are expected to be completed by 2023, with price ranging from 55-110 million rupees ($850,000-$1.7 million). India is already the Trump Organization’s biggest international market, with developments in four major cities — Mumbai, Pune, Gurgaon and Kolkata. The Trump family earned $3 million in royalties in 2016 from ventures in India, according to a New York Times report. The luxury property in Gurgaon is being developed by Indian firms Tribeca and M3M, with construction expected to start towards the end of the year.

Source: The Express Tribune February 19, 2018 08:48 UTC