Tribeca Developers
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| industry = Real Estate
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| foundation = 2012
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| location_city = Mumbai
| location_country = India
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Tribeca Developers is an Indian luxury real estate development company headquartered in Mumbai, Maharashtra. The firm is known for its partnership with The Trump Organization and for developing branded residential and commercial real estate projects in India.{{cite web |title=Tribeca Developers plans ₹7,000 crore investment for four more Trump-branded projects in India |url=https://www.hindustantimes.com/real-estate/tribeca-developers-plans-7-000-crore-investment-for-four-more-trump-branded-projects-in-india-101742527825906.html |publisher=Hindustan Times}} It has launched projects across cities including Pune, Mumbai, Kolkata and Gurugram.{{cite web |title=New Trump-branded luxury residential project launched in India |url=https://www.businesstimes.com.sg/property/new-trump-branded-luxury-residential-project-launched-india |website=The Business Times |publisher=The Business Times (Singapore) |language=en |date=16 April 2025}}{{cite web |title=After New York, Gurugram to house second Trump residential project |url=https://www.business-standard.com/industry/news/trump-s-second-realty-project-launched-in-gurugram-with-rs-1-2k-cr-influx-125041600881_1.html |website=business-standard.com |publisher=Business Standard}}
History
Tribeca Developers was founded by Kalpesh Mehta, an entrepreneur with a background in finance and real estate. After working in the United States, Mehta returned to India and established Tribeca to develop globally branded properties in the Indian real estate market.{{cite web |title=कल्पेश मेहता: जहां खत्म होती है बिल्डरों की सोच, वहां से सोचना शुरू करते हैं मेहता जी, ट्रंप इनके यार |url=https://hindi.news18.com/news/business/property-kalpesh-mehta-tribeca-developers-trump-towers-india-premium-high-end-properties-luxury-real-estate-9124337.html |website=News18 |publisher=CNN-News18 |language=hi |date=24 March 2025}}
The company initially focused on licensing and development of residential projects in collaboration with The Trump Organization.{{cite web |last1=Nandy |first1=Madhurima |title=How this real estate newbie made a killing with his Trump card |url=https://www.livemint.com/industry/trump-towers-in-india-trump-organization-tribeca-developers-kalpesh-mehta-donald-trump-premium-residences-luxury-homes-11743080946372.html |website=mint |publisher=Mint (newspaper) |language=en |date=29 March 2025}} In years following its founding, Tribeca expanded its portfolio beyond residential towers to include commercial and rental housing developments.
Notable Projects
=Trump World Center Pune=
Announced in 2025, this is the first Trump-branded commercial office project in India.{{cite web |title=Trump World Center Pune: Here's what we know about The Trump Organization's first commercial project in India |url=https://www.hindustantimes.com/real-estate/trump-world-center-pune-here-s-what-we-know-about-the-trump-organization-s-first-commercial-project-in-india-101742452645025.html |publisher=Hindustan Times}} Located in Pune and developed in partnership with Kundan Spaces, the development comprises two 27-storey towers and spans 1.6 million sq.ft. The project has an estimated investment of approximately INR. 2,500 crores.{{cite web |title=Tribeca Developers and Kundan Spaces announces Rs 2,500 crore 'Trump World Center' in Pune - ET RealEstate |url=https://realty.economictimes.indiatimes.com/news/commercial/tribeca-developers-and-kundan-spaces-announces-rs-2500-crore-trump-world-center-in-pune/119216824 |website=ETRealty.com |publisher=The Economic Times |language=en}}{{cite web |title=First Trump-branded office project in India, 'Trump World Center', eyes $289 million in sales |url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/first-trump-branded-office-project-in-india-trump-world-center-eyes-289-million-in-sales/articleshow/119205457.cms |website=EconomicTimes}}
=Trump Residences Gurgaon=
Situated in Gurugram, this project is the second Trump-branded residential development in the Delhi-NCR region.{{cite web |title=Trump Residences Gurgaon: Rs 1200 crore investment! Smartworld & Tribeca Developers announce 2nd Trump project in India |url=https://www.etnownews.com/real-estate/trump-residences-gurgaon-rs-1200-crore-investment-smartworld-tribeca-developers-announce-2nd-trump-project-in-india-article-151439585 |website=ET Now |language=en |date=17 April 2025}} It features twin towers of 51 storeys each. Developed in partnership with Smartworld Developers, the project is valued at ₹1,200 crore.{{cite web |last1=Khan |first1=Arshad |title=Launch of Trump Residences Gurgaon announced, to include two 51-story towers |url=https://www.newindianexpress.com/business/2025/Apr/16/launch-of-trump-residences-gurgaon-announced-to-include-two-51-story-towers |website=The New Indian Express |language=en |date=16 April 2025}}{{cite web |title=Trump Jr or Erik likely to visit India by June: Trump Towers Indian partner Kalpesh Mehta |url=https://economictimes.indiatimes.com/news/india/trump-jr-or-erik-likely-to-visit-india-by-june-trump-towers-indian-partner-kalpesh-mehta/articleshow/120345943.cms |website=The Economic Times |date=16 April 2025}}
=The Ark, Pune=
Located on NIBM Road, Pune, The Ark (Voyage to the Stars) is a luxury residential project spread across 12 acres and adjacent to a 200-acre protected forest. It includes six towers and a rooftop terrace spanning approximately 2.75 acres.{{cite web |title=Trump-branded Tribeca Developers expands its Pune portfolio, sees Rs 1000 crore topline |url=https://www.etnownews.com/real-estate/pune-real-estate-news-trump-branded-tribeca-developers-expands-its-pune-portfolio-sees-rs-1000-crore-topline-article-118231579 |website=ETNOW}}
=Tribeca Highstreet, Pune=
Tribeca Highstreet is a mixed-use commercial and retail development adjacent to The Ark. It offers lifestyle and retail spaces. designed to complement nearby residential projects.{{cite web |title=The Taste of Fun: Pune’s Tribeca Highstreet Launches ‘The Great Food Carnival’ |url=https://www.realtynmore.com/the-taste-of-fun-punes-tribeca-highstreet-launches-the-great-food-carnival/#:~:text=Located%20on%20NIBM%20Road%2C%20Tribeca,shopping%2C%20dining%2C%20and%20entertainment. |website=realtynmore.com}}
=YOO One, Pune=
A branded luxury residential project designed in collaboration with design firm YOO and designer Sussanne Khan. The project is located in Pune near The Ark and features a 1.25-acre rooftop terrace.{{cite web |title=Tribeca Developers partners with YOO to launch luxury residential project in Pune |url=https://www.financialexpress.com/money/tribeca-developers-partners-with-yoo-to-launch-luxury-residential-project-in-pune-2564886/ |website=Financial Express}}
=The Edge=
The Edge, Mumbai
A high-end residential tower in South Mumbai. According to media reports, the projects achieved a complete sell-out of 228 units valued at over INR. 1,000 crore.{{cite web |title=Tribeca Developers Completes Rs 1,000 Crore Sale Of Luxury Apartments In Mumbai |url=https://www.ndtvprofit.com/real-estate/tribeca-developers-completes-rs-1000-crore-sale-of-luxury-apartments-in-mumbai |website=NDTV |language=en |date=21 August 2024}}
=Trilive=
Launched in 2025, Trilive, is a rental housing platform intended to offer professionally managed residential units in metro cities. The initiative marked Tribeca’s expansion into alternative housing segments.{{cite web |last1=Nandy |first1=Madhurima |title=Tribeca Developers launches rental housing development platform Trilive {{!}} Company Business News |url=https://www.livemint.com/companies/news/tribeca-developers-launches-rental-housing-development-platform-trilive-11744011591663.html |website=mint |publisher=Mint (newspaper) |language=en |date=7 April 2025}}{{cite web |title=Tribeca Launches India's First Rental Housing Development Platform Trilive |url=https://www.rprealtyplus.com/news-views/tribeca-launches-indias-first-rental-housing-development-platformtrilive-119459.html |website=Realty Plus Magazine |language=en}}
Partnerships
Tribeca has collaborated with both international and domestic partners:
===The Trump Organization===
For branded residential and commercial real estate projects in India.{{cite web |title=Trump Organization's India partner Tribeca Developers announces rental housing platform, unveils first project in Mumbai |url=https://www.hindustantimes.com/real-estate/trump-organizations-india-partner-tribeca-developers-announces-dedicated-rental-housing-platform-first-project-in-mumb-101744038227186.html |website=Hindustan Times}}
=YOO=
=HDFC Capital=
In 2024, Tribeca raised ₹200 crore in funding from HDFC Capital for a luxury residential project in Mumbai.{{cite web |title=Tribeca to develop Mumbai luxury housing project with ₹200 crore financing from HDFC Capital |url=https://www.thehindu.com/business/tribeca-to-develop-mumbai-luxury-housing-project-with-200-crore-financing-from-hdfc-capital/article67728114.ece |website=The Hindu}}
Media Coverage
Awards and Recognition
- In February 2025, Tribeca Developers was certified as a “Great Place to Work” for its work culture and employee engagement.{{cite web |title=ribeca Developers Earns ‘Great Place to Work’ Certification |url=https://www.apnnews.com/tribeca-developers-earns-great-place-to-work-certification/ |website=APN News}}
- Media reports have noted the company’s strong sales performance in markets such as Mumbai and Gurugram, particularly with the success of The Edge and Trump Residences Gurgaon.{{cite web |title=Smartworld, Tribeca sell all 298 homes for Rs 3,250 cr in 'Trump-branded' project at Gurugram |url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/smartworld-tribeca-sell-all-298-homes-for-rs-3250-cr-in-trump-branded-project-at-gurugram/articleshow/121135981.cms |website=ET Now}}