DLF Launches The Westpark in Mumbai: A Pragmatic Approach to Real Estate
DLF, India's leading real estate developer, has finally made its entry into Mumbai's competitive market with the launch of The Westpark in Andheri. The company aims to secure a significant market share through pragmatism and strategic partnerships.
DlfMumbai Real EstateThe WestparkLuxury HousingReal Estate DevelopmentReal Estate MumbaiJul 17, 2025
DLF is investing approximately Rs 900 crore into the first phase of The Westpark, which includes 416 apartments across four towers. The company is charging between Rs 37,000 to Rs 47,000 per square foot for three-bedroom apartments, with sizes ranging from 1,100 to 1,500 square feet. Despite the high price points, DLF is marketing the project as a premium offering, similar to its luxury developments in Gurugram.
To accelerate sales, DLF launched half of the first phase at a relatively promotional price, with the remaining inventory expected to be available in August at a slightly higher price point. The company is signaling its intention to stay and compete in Mumbai's largest and most competitive real estate market, which includes multiple local and large developers.
Despite its ambitions, DLF's management emphasized a pragmatic approach to securing new projects in Mumbai. Given the difficulty in acquiring land, the company is open to joint development deals or other opportunities. Aakash Ohri, DLF's joint managing director and chief business officer, stated, 'Land parcels in Mumbai are difficult to secure, so it can be through joint development or other opportunities. We will look at opportunities in a very pragmatic way.'
Ohri also noted that the company sees strong momentum in sales, driven by demand from business owners, high-salaried professionals, figures from the entertainment industry, and non-resident Indians. The company expects the sales velocity to continue, despite an overall moderation in the higher end of the market.
After the pandemic, residential real estate has become a priority, with people delaying upgrades to their homes or going on foreign holidays. Ohri observed, 'It is not going to go away, because it is one's own home. A lot of 30 to 40 year-olds are also coming in to buy homes, which is a reduction in property ownership timelines compared to previous generations.'
Frequently Asked Questions
What is The Westpark project by DLF?
The Westpark is a luxury housing development in Andheri, Mumbai, part of a 10-acre slum rehabilitation project. DLF is responsible for the free-sale component, while Trident Realty handles the land clearance and construction of the rehabilitation units.
How much is DLF investing in The Westpark?
DLF is investing around Rs 900 crore into the first phase of The Westpark, which includes 416 apartments across four towers.
What is the price range for apartments in The Westpark?
DLF is charging between Rs 37,000 to Rs 47,000 per square foot for three-bedroom apartments, with sizes ranging from 1,100 to 1,500 square feet.
What is DLF's approach to securing new projects in Mumbai?
DLF is taking a pragmatic approach to securing new projects in Mumbai, open to joint development deals or other opportunities, given the difficulty in acquiring land.
What market segments is DLF targeting with The Westpark?
DLF is targeting business owners, high-salaried professionals, figures from the entertainment industry, and non-resident Indians, seeing strong demand from these segments.
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