DLF Set to Launch Phase 2 of The Westpark in Mumbai, Adding Over 8 Lakh Sq Ft
DLF, one of India's leading real estate developers, is gearing up to launch the second phase of its maiden Mumbai project, The Westpark, in the fiscal year 2027. This phase will add around 8 lakh sq ft of super built-up area, followed by an additional 5-6 lakh sq ft in the subsequent fiscal year, as per the management's call with investors and analysts.
DLF launched the first phase of The Westpark in Andheri West on July 17, 2025. The initial launch comprised four towers spanning approximately 9 lakh sq ft. The inventory was sold out within days, generating sales bookings worth ₹2,300 crore. The Westpark, spread over 10 acres, will feature a mix of 3 BHK and larger apartments, with unit sizes ranging from 1,125 sq ft to 2,500 sq ft.
According to the management, the total pipeline for The Westpark is currently in excess of 5 million sq ft of super built-up area. The company has already launched 9 lakh sq ft and is planning to launch another 8 lakh sq ft in the current fiscal year. They aim to launch an additional 5-6 lakh sq ft in the following fiscal year. The company is also exploring opportunities to organically grow the Westpark geography and is in conversations with other development options in and around the project.
DLF's re-entry into the Mumbai real estate market in July 2023 marked a significant milestone. The Westpark in Andheri West is being developed in partnership with the Trident Group under the Slum Rehabilitation Authority (SRA) scheme. The developer had previously entered Mumbai in 2005 by acquiring 17 acres of prime mill land in Lower Parel at a National Textile Corporation auction for ₹704 crore. However, following the 2008 global financial crisis, DLF revised its strategy and sold the land to Lodha (now Macrotech Developers) for ₹2,700 crore in 2012.
Aakash Ohri, Managing Director of DLF Home Developers Ltd, has expressed the company's openness to more projects in Mumbai. While the current focus is on the Andheri project, DLF is also exploring opportunities in other parts of the city, including South Mumbai, where many aspirational homebuyers are located.
On the launch pipeline for FY27, DLF expects to roll out housing projects in Gurugram, Mumbai, and Goa, with a total revenue potential of about ₹20,000 crore. The company, which is the largest real estate company in India by market capitalization, reported a marginal increase in its consolidated profit to ₹4,414.68 crore in FY26 from ₹4,366.82 crore in the preceding fiscal. Total income increased to ₹9,816.04 crore in FY26 from ₹8,995.89 crore in FY25.
DLF has a rich history of developing over 185 real estate projects, spanning more than 352 million sq ft. The company's commitment to quality and innovation has made it a trusted name in the Indian real estate market. With the launch of Phase 2 of The Westpark, DLF is poised to strengthen its presence in Mumbai and continue its growth trajectory in the luxury housing segment.
DLF's strategic focus on high-potential markets and its ability to deliver premium projects are key factors in its continued success. The company remains committed to meeting the evolving needs of homebuyers and investors, ensuring that The Westpark and other upcoming projects set new benchmarks in the real estate industry.
