DLF to Launch Luxury Housing Project in Mumbai Worth Rs 2,500 Crore
India’s largest real estate firm, DLF Ltd, is set to enter the Mumbai housing market with a luxury project worth Rs 2,500 crore, launching in the next two weeks.
Luxury HousingDlfMumbaiReal EstateResidential PropertyReal Estate NewsJun 22, 2025
DLF will introduce more than 400 homes in the first phase of the project, which will be developed in partnership with Delhi-based Trident Realty. The company has secured all necessary regulatory approvals, including RERA (Real Estate Regulatory Authority) approval, for this premium residential project located in the Andheri suburb.
In the first phase, the company will develop 416 units across four towers. These luxury apartments will be priced in the range of Rs 5 to 7 crore per unit, targeting the premium segment of the market. The spokesperson for DLF declined to comment on specific details, but the project is expected to attract a mix of local and international buyers, including non-resident Indians (NRIs).
Earlier this month, DLF successfully launched and completely sold the DLF Privana North housing project in Gurugram, which comprised 1,164 units. This project, developed on a 17.7-acre plot, was sold out for about Rs 11,000 crore. Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers, highlighted that 27 per cent of the demand for this project came from NRIs, underscoring the strong international interest in DLF's properties.
The DLF Privana North project is part of a larger 116-acre integrated township in Sectors 76 and 77, Gurugram. Last year, the company launched and sold out two other projects in this township—‘DLF Privana West’ and ‘DLF Privana South’—for around Rs 12,800 crore. These successful launches have bolstered DLF’s reputation for delivering high-quality, sought-after residential properties.
DLF, the country’s largest real estate firm in terms of market capitalisation, reported a record sales booking of Rs 21,223 crore in the 2024-25 fiscal year, a 44 per cent increase from Rs 14,778 crore in the preceding financial year. The company’s Managing Director, Ashok Tyagi, recently provided sales booking guidance for the current fiscal year at Rs 20,000-22,000 crore, maintaining a strong outlook for the coming year.
With the successful launch of the Gurugram project, DLF has already achieved 50 per cent of its annual sales booking target. The upcoming luxury project in Mumbai is expected to further solidify DLF's position in the premium residential market and contribute significantly to its growth and profitability.
Frequently Asked Questions
What is the total value of DLF's new luxury housing project in Mumbai?
The total value of DLF's new luxury housing project in Mumbai is approximately Rs 2,500 crore.
How many homes will DLF launch in the first phase of the Mumbai project?
DLF will launch 416 homes in the first phase of the Mumbai project, spread across four towers.
What is the price range for the apartments in DLF's new Mumbai project?
The apartments in DLF's new Mumbai project will be priced in the range of Rs 5 to 7 crore per unit.
Who is DLF's partner for the new Mumbai luxury housing project?
DLF's partner for the new Mumbai luxury housing project is Delhi-based Trident Realty.
What is the size of the plot for DLF's new project in Gurugram?
The plot for DLF's new project in Gurugram is 17.7 acres, and it has been completely sold out for about Rs 11,000 crore.
Related News Articles
India's Rise to Realty Prominence: A Billion-Dollar Boom
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj
The Maharashtra Cabinet has approved a proposal to rename Pune airport after the 17th-century Warkari saint and poet, Sant Tukaram Maharaj.
The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami
In a shocking turn of events, the renowned real estate moguls, the Alexander Brothers, were recently arrested in Miami. This news has sent ripples through the business community, leaving many to wonder what led to their downfall.
Luxury Homes, Toxic Air: The Urban Pollution Paradox in India
Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol
Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines
A devastating slab collapse in the Chikhla mines of Manganese Ore (India) has resulted in the death of two workers and left one injured. The incident has raised serious concerns about safety protocols in the mining industry.
Women Home Buyers Witness 14% Surge in 2024: Report
A recent report by Square Yards, titled 'Key Holders of Change - Women Driving Real Estate Growth and Transformation,' reveals a significant 14% increase in women homebuyers in 2024.