Gurugram, May 13 -- The second Trump Towers project in Gurugram, the construction of which is underway, is fully sold out, the developers--Smartworld Developers and Tribeca Developers--announced on Tuesday.

On launch day, Trump Residences Gurgaon recorded an unprecedented Rs 3,250 crore in allotments, they said. The project's ultra-premium penthouses, worth Rs 125 crore, were also fully allotted.

Priced between Rs 8 crore and Rs 15 crore per unit of residential property, the development's 298 homes were absorbed in record time, an indicator of surging demand for branded, ultra-luxury living in India.

It is a collaboration between Smartworld, Tribeca, and The Trump Organization. The project comprises two 51-storey towers.

Smartworld wi...