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.[1] It has launched projects across cities including Pune, Mumbai, Kolkata and Gurugram.[2][3]
 | |
| Industry | Real Estate |
|---|---|
| Founded | 2012 |
| Founder | Kalpesh Mehta |
| Headquarters | , |
| Website | www |
History
editTribeca 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.[4]
The company initially focused on licensing and development of residential projects in collaboration with The Trump Organization.[5] In years following its founding, Tribeca expanded its portfolio beyond residential towers to include commercial and rental housing developments.[5]
Notable projects
editTrump World Center Pune
editAnnounced in 2025, this is the first Trump-branded commercial office project in India.[6] 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.[7][8]
Trump Residences Gurgaon
editSituated in Gurugram, this project is the second Trump-branded residential development in the Delhi-NCR region.[9] It features twin towers of 51 storeys each. Developed in partnership with Smartworld Developers, the project is valued at ₹1,200 crore.[10][11]
The Ark, Pune
editLocated 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.[12]
Tribeca Highstreet, Pune
editTribeca 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.[13]
YOO One, Pune
editA 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.[14]
The Edge
editThe 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.[15]
Trilive
editLaunched 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.[16][17]
Partnerships
editTribeca has collaborated with both international and domestic partners:
The Trump Organization
editFor branded residential and commercial real estate projects in India.[18]
YOO
editA global design and lifestyle brand co-founded by Philippe Starck.[12]
HDFC Capital
editIn 2024, Tribeca raised ₹200 crore in funding from HDFC Capital for a luxury residential project in Mumbai.[19]
Media coverage
editTribeca Developers has received coverage in Indian and international media outlets such as Mint, The Economic Times, Business Standard, and CNN-News18. Its founder Kalpesh Mehta has been profiled for his role in introducing branded and international-style developments in India.[4]
Awards and recognition
edit- In February 2025, Tribeca Developers was certified as a "Great Place to Work" for its work culture and employee engagement.[20]
- 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.[21]
References
edit- ^ "Tribeca Developers plans ₹7,000 crore investment for four more Trump-branded projects in India". Hindustan Times.
- ^ "New Trump-branded luxury residential project launched in India". The Business Times. The Business Times (Singapore). 16 April 2025.
- ^ "After New York, Gurugram to house second Trump residential project". business-standard.com. Business Standard.
- ^ a b "कल्पेश मेहता: जहां खत्म होती है बिल्डरों की सोच, वहां से सोचना शुरू करते हैं मेहता जी, ट्रंप इनके यार". News18 (in Hindi). CNN-News18. 24 March 2025.
- ^ a b Nandy, Madhurima (29 March 2025). "How this real estate newbie made a killing with his Trump card". mint. Mint.
- ^ "Trump World Center Pune: Here's what we know about The Trump Organization's first commercial project in India". Hindustan Times.
- ^ "Tribeca Developers and Kundan Spaces announces Rs 2,500 crore 'Trump World Center' in Pune - ET RealEstate". ETRealty.com. The Economic Times.
- ^ "First Trump-branded office project in India, 'Trump World Center', eyes $289 million in sales". EconomicTimes.
- ^ "Trump Residences Gurgaon: Rs 1200 crore investment! Smartworld & Tribeca Developers announce 2nd Trump project in India". ET Now. 17 April 2025.
- ^ Khan, Arshad (16 April 2025). "Launch of Trump Residences Gurgaon announced, to include two 51-story towers". The New Indian Express.
- ^ "Trump Jr or Erik likely to visit India by June: Trump Towers Indian partner Kalpesh Mehta". The Economic Times. 16 April 2025.
- ^ a b "Trump-branded Tribeca Developers expands its Pune portfolio, sees Rs 1000 crore topline". ETNOW.
- ^ "The Taste of Fun: Pune's Tribeca Highstreet Launches 'The Great Food Carnival'". realtynmore.com.
- ^ "Tribeca Developers partners with YOO to launch luxury residential project in Pune". Financial Express.
- ^ "Tribeca Developers Completes Rs 1,000 Crore Sale Of Luxury Apartments In Mumbai". NDTV. 21 August 2024.
- ^ Nandy, Madhurima (7 April 2025). "Tribeca Developers launches rental housing development platform Trilive | Company Business News". mint. Mint.
- ^ "Tribeca Launches India's First Rental Housing Development Platform Trilive". Realty Plus Magazine.
- ^ "Trump Organization's India partner Tribeca Developers announces rental housing platform, unveils first project in Mumbai". Hindustan Times.
- ^ "Tribeca to develop Mumbai luxury housing project with ₹200 crore financing from HDFC Capital". The Hindu.
- ^ "ribeca Developers Earns 'Great Place to Work' Certification". APN News.
- ^ "Smartworld, Tribeca sell all 298 homes for Rs 3,250 cr in 'Trump-branded' project at Gurugram". ET Now.