Announcement Date: June 19, 2017

Bloomberg reported that the Lodha Group will resume sales of Trump Tower Mumbai’s luxury condos at the end of June. Lodha Group founder Mangal Lodha is an Indian politician and a member of Bharatiya Janata Party (BJP), India’s ruling party. President Trump is set to host Indian Prime Minister and BJP leader Narendra Modi next week. While Abhishek Lodha, the current head of the Lodha Group and Mangal Lodha’s son, stated that there is no conflict of interest, the developer suspended sales after President Trump’s election because the company “didn’t want to be seen as taking advantage of the changed political circumstances.”