Dozens of property investors and their families will be treated to dinner with Donald Trump junior in Delhi this week after snapping up flats in a Trump Towers luxury development on the outskirts of the Indian capital.
Trump’s local partners have promised dinner with the US president’s son to anyone who buys into the development of high-rise apartments boasting floor-to-ceiling windows, state of the art amenities and a “lifestyle concierge”.
At 2.5 million rupees (around $39,000) just for the downpayment on the smallest and cheapest flat, that is well beyond most Indians.
Nonetheless around 75 people have already stumped up and Indian developer Tribeca expects that number to increase to 100 before the promotion deadline expires on Thursday, a staff member told AFP on condition of anonymity.
“The meeting is a token of gratitude to the clients for showing tremendous faith in the upcoming project,” said the Tribeca employee.
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).
Adverts in Indian newspapers on Monday promised prospective buyers their neighbours would include a “renowned industrialist”, “art maestro” and “famous Indian cricketer” — although it was not clear whether this was based on the identity of the existing buyers.
“Trump is here. Are you invited? read the full-page advert in Monday’s Times of India.
The development is in the modern satellite city of Gurgaon, where many major companies now have their headquarters.
India is already the Trump Organization’s biggest international market, with developments in four major cities — Mumbai, Pune, Gurgaon and Kolkata.
All are being built with local partners, with the Trump Organization giving permission to use its brand and taking a share of the profits.
According to media reports, the estimated cost of developing these projects is $1.5 billion.
The Trump family earned $3 million in royalties in 2016 from ventures in India, according to a New York Times report.
Trump junior and his brother now head the company after their father stood down when he became president amid concerns over a conflict of interest.
Although the US embassy says he is in Delhi on an unofficial visit, Trump junior is due to speak on Indo-Pacific relations at a business conference on Friday at which Prime Minister Narendra Modi will be the keynote speaker.
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.
India’s residential property market has struggled in recent years, hit by a glut in urban centres combined with the impact of a 2016 move to tackle tax evasion with a ban on high-value banknotes.
Kellyanne Conway subpoenaed by House Oversight Committee
Fresh off the heels of the Robert Mueller subpoena, the House Oversight Committee voted 25-16 Wednesday to pull in another testimony: White House counselor Kellyanne Conway.
The decision occurred following a federal agency recommendation that Conway should be fired for repeatedly violating a law that limits the political activities of federal employees.
Scientist literally dances after learning controversial Trump administration official is leaving amid ethics probe
In a press release on Wednesday, the Environmental Protection Agency (EPA) announced the departure of Bill Wehrum, the controversial assistant administrator for the EPA’s Office of Air and Radiation. And Wehrum’s environmental record has been so abysmal that according to HuffPost’s Jennifer Bendery, a climate change activist/expert was dancing with joy in response to the news of his departure from the EPA.
Bendery didn’t mean “dancing” as a figure of speech. On Twitter, Bendery reported on Wednesday that according to a source, the activist — who she didn’t mention by name — was “literally” dancing after learning that Wehrum was leaving the EPA.
Iran tells UN it cannot save nuclear deal
Iran told the UN Security Council on Wednesday that it cannot "alone" save the nuclear deal, turning up pressure on the Europeans, Russia and China as it moved toward a possible breach of its commitments to limit its nuclear activities.
"Iran has done a lot and much more than its fair share to preserve the nuclear deal," Ambassador Majid Takht Ravanchi told a council meeting.
"Iran alone cannot, shall not and will not take all of the burdens anymore to preserve the JCPOA," he said, referring to the Joint Comprehensive Plan of Action as the deal is formally known.
Iran has said that as of June 27, it will have more than the 300 kilos (660 pounds) of enriched uranium that it was allowed to have under the deal, the result of 12 years of tough diplomatic negotiations.