DLF to Launch First Mumbai Housing Project in Next Two Weeks
India's leading real estate developer, DLF, is set to launch its first premium housing project in Mumbai in the next two weeks. The project, located in Oshiwara, Andheri (West), is part of a slum rehabilitation plan with Trident Group.
DlfMumbaiReal EstateHousing ProjectTrident GroupReal Estate MumbaiMay 26, 2025
The company is expected to price the apartments of the residential project between Rs 5.5 crore to Rs 7.5 crore. The total development potential at the site is around 3.5 million square feet, with the first phase of the free-sale component of the project covering approximately 9 lakh square feet. DLF is responsible for the development and sale of the free-sale component.
According to sources within the company, DLF’s first Mumbai project is expected to be similar in template and amenities to DLF's One Midtown premium development at Moti Nagar in New Delhi. The One Midtown project offers apartments of various sizes, including two, three, and four-bedroom homes, priced between Rs 3.5 crore to Rs 9.5 crore.
DLF's Chief Business Officer, Aakash Ohri, mentioned during the company's Q4FY25 earnings call that the project in Mumbai is expected to launch during Q1FY26. The company had previously attempted to enter the Mumbai market over a decade ago, having owned a 17-acre land parcel in Worli. However, to stave off a debt crisis in the early-2010s, DLF sold the land parcel to Macrotech Developers (Lodha Group) for around Rs 2,700 crore, on which the latter developed the Lodha Park project.
Unlike its predominantly luxury-to-ultra-luxury offerings in markets like Gurugram, DLF is not aiming for the luxury market in its debut project in Mumbai. Instead, the company is focusing on the premium segment, seeing more value and potential in this market segment due to some signs of an inventory build-up in the luxury segment.
The launch of this project marks a significant step for DLF in expanding its presence in the Mumbai market, a move that could potentially strengthen its position in the highly competitive real estate sector. The project is expected to attract a wide range of buyers, from young professionals to established families, looking for high-quality, premium housing options in one of Mumbai's most sought-after suburbs.
Frequently Asked Questions
When is DLF expected to launch its first housing project in Mumbai?
DLF is expected to launch its first housing project in Mumbai in the next two weeks.
Where is the DLF housing project located in Mumbai?
The project is located in the Oshiwara suburb of Andheri (West) in Mumbai.
What is the expected price range for the apartments in the DLF project?
The apartments in the DLF project are expected to be priced between Rs 5.5 crore to Rs 7.5 crore.
Who is DLF collaborating with for this project?
DLF is collaborating with Trident Group for this slum rehabilitation project in Mumbai.
What is the total development potential of the project site?
The total development potential of the project site is around 3.5 million square feet.
Related News Articles
Maharashtra's Development Projects Get a Boost: DCM Ajit Pawar Stresses on Speedy Completion
Deputy Chief Minister Ajit Pawar emphasizes the need for swift completion of development projects across Maharashtra, including Pune Metro 3 and Pune Ring Road.
Aadhaar Verification System Glitch Disrupts Property Registrations in Pune
Technical glitch in Aadhaar verification system affects e-registration of property documents, causing inconvenience to residents and developers in Maharashtra.
Axis Commercial Real Estate Fund Invests ₹75 Crore in Fintech City, Chennai
Axis Commercial Real Estate Fund acquires 1.5-acre plot in Fintech City, Chennai, for ₹75 crore, marking its first investment in the state-owned Tamil Nadu Industrial Development Corporation's facility.
Anupam Kher's Latest Investment: A ₹3.88 Crore Office Space in Mumbai's Andheri Area
Bollywood actor Anupam Kher has purchased a commercial office space in Mumbai's Andheri area for ₹3.88 crore, while other actors like Kangana Ranaut and Ajay Devgn have also invested in commercial properties to earn high rental yields.
Bajaj Housing Finance's Net Profit Surges by 20.95% in Q2 FY25
Bajaj Housing Finance's net consolidated total income reached Rs 2410.24 crore in Q2 FY25, marking a substantial 26.09% increase from Rs 1911.55 crore in the corresponding period of the previous year.
Dubai Property Prices and Rents Expected to Stabilize by 2026
Despite potential declines over the next 18 months, experts predict that the residential real estate market in Dubai will stabilize by 2026, driven by strong economic fundamentals and ongoing investments.