Trump Towers Hits Kokapet with ₹7,000/sft OTP Offer — What’s the Real Story?

Buzz is building in the Hyderabad real estate market, and it’s getting louder by the day. Even though the Trump Towers project is officially scheduled to launch in September, the speculation and marketing efforts have already kicked off — as early as May. Flats are being offered at a seemingly attractive ₹7,000 per square feet under a one-time payment (OTP) plan, and Ira Realty has emerged as a surprising frontrunner in these early pre-launch sales.

But this excitement isn’t without precedent — or caution.

Not long ago, there was a similar wave of anticipation around Trump Towers being built in Madhapur. Back then, a developer aggressively collected advance payments from hopeful investors. The result? The project never broke ground. That memory still lingers, making the current buzz around the Kokapet launch feel eerily familiar.

So the million-dollar question remains:
Will this version of Trump Towers actually materialize?

Or is it another clever marketing campaign designed to generate early investments with no guaranteed outcome?

Ira Realty, a relatively new player in the high-rise construction space, has announced plans for a 63-story skyscraper — which, if completed, would be the tallest building in Hyderabad. However, it’s worth noting that the company has yet to deliver any completed multi-storey or skyscraper projects. This makes the ambition both bold and risky.

And here’s the catch: despite the claimed ₹15,000 per sft market rate in Kokapet, the current offering at ₹7,000 sft raises some eyebrows. It’s a pricing model strikingly similar to what the failed Madhapur venture once promised.

While early announcements and attractive rates may seem enticing, potential buyers and investors should look beyond the brand association. Instead, ask the real questions:

• Does the developer have proven experience with Skyscrappers?

• Is there real capability — financial, technical, and managerial — to complete a 63-floor skyscraper on schedule?

Caution is not pessimism — it’s wisdom. In a volatile real estate market, especially with luxury projects like Trump Towers, a flashy brand name shouldn’t overshadow the importance of track record, transparency, and trust.

The hype is real. But is the tower?