1 week ago
AI Boom Drives Nvidia Employees Toward Hyderabad Trump Towers
The growth of artificial intelligence is helping some technology workers earn more money.
A realtor says several NVIDIA employees have bought expensive homes in Trump Towers Hyderabad.
He said at least five NVIDIA employees have purchased apartments.
One buyer was an NVIDIA India employee, while another may be a former employee.
The smallest apartments, measuring 3,600 square feet, have already sold out.
The remaining homes start at 4,200 square feet.
Prices range from Rs 6.2 crore to more than Rs 18 crore.
The realtor says buyers like the buildings because of their luxury, status and brand name.
At least five NVIDIA employees have reportedly bought luxury apartments in Trump Towers Hyderabad, according to realtor Satish Reddy.
Reddy said the first officially paid booking through him came from an NVIDIA India employee, while another buyer may be a former employee who held company RSUs.
The 3,600-square-foot apartments are sold out, leaving units of 4,200 square feet or larger.
Apartment prices reportedly begin at Rs 6.2 crore and exceed Rs 18 crore.
Reddy said buyers include highly paid employees, second-generation business families, political families and non-resident Indians, attracted partly by the Trump residence brand.
- Who
- At least five NVIDIA employees, along with other affluent buyers, according to realtor Satish Reddy.
- What
- Luxury apartments have reportedly been booked in Trump Towers Hyderabad amid the AI-driven technology boom.
- Where
- Trump Towers Hyderabad, Telangana, India.
- When
- The article does not provide a specific date; Reddy referred to bookings made recently and to a previous post.
- Why
- The realtor attributes the purchases to rising wealth among technology employees and the appeal of the residence’s brand, prestige and status.
Key facts
- Reported buyers
- At least five NVIDIA employees, according to realtor Satish Reddy.
- Property
- Trump Towers Hyderabad.
- Smallest unit size
- 3,600 square feet; these units are reportedly sold out.
- Available unit sizes
- 4,200 square feet and larger.
- Price range
- From Rs 6.2 crore to more than Rs 18 crore.
- Other potential buyers
- Reddy said some Micron employees may also have purchased units.
- Buyer groups
- Highly paid employees, second-generation business families, political families and NRIs.
Quotes
Satish Reddy
Real estate agent discussing Nvidia-linked buyers at Trump Towers Hyderabad
“Sizes now start from 4,200 sft, as the smaller 3,600 sft units are sold out. I tried for a week to accommodate one buyer looking for a 3,600 sft unit, but couldn’t find one.”
wionews.com
“The second is also likely to be a former employee who held RSUs for years.”
wionews.com
Sources
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