India, April 11 -- Trump Organisation's licensed partner in India, Tribeca Developers, is all set to launch studio apartments in Mumbai's Andheri, citing a lack of quality options in this segment. Here's a look at five locations in the city where homebuyers can find studio apartments priced between Rs.50 lakh and Rs.70 lakh.
Tribeca's latest project, Trilive, is being developed in partnership with Mumbai-based Starwing Group and will feature 650 studio apartments in Marol, Andheri.
The launch includes an initial offering of 300 units priced around Rs.70 lakh. These apartments are expected to yield a 6% rental return-well above the typical 2-4% returns in India's residential real estate sector. Notably, the units will come with a 9-year ...
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