DLF-Trident JV's The Westpark: ₹2,300 Cr Luxury Flats Sold Out in Just 7 Days

India’s largest real estate company, DLF Ltd, in a joint venture with Trident Realty, has achieved a significant milestone by selling out all 416 luxury apartments at The Westpark in Mumbai within just a week of launch, raking in a whopping ₹2,300 crore. This project marks DLF’s strategic re-entry into the Mumbai market after over a decade.

The Westpark, developed under the Slum Rehabilitation Authority (SRA) scheme in Andheri West, is a 5-acre project priced at a premium of ₹42,000 to ₹47,000 per sq ft. The apartments, priced between ₹4 crore and ₹7.5 crore, have been highly sought after by both domestic and international buyers.

Aakash Ohri, Joint MD and Chief Business Officer of DLF Home Developers Ltd, expressed his pride in the project, stating, “Mumbai has always been a key component of our national growth strategy. With The Westpark, we are proud to offer a development that resonates with the aspirations of the city's discerning residents.”

The joint venture plans to invest ₹900 crore in building the project, which sold out entirely within days, signaling robust demand for luxury homes in India's financial capital. This success is not the first for DLF this year. Just last month, the company sold out 1,164 units in its Gurugram project, DLF Privana North, for approximately ₹11,000 crore. Together, these launches have helped DLF cross 50% of its annual sales booking guidance of ₹20,000 to ₹22,000 crore in the first few months of FY26.

DLF’s previous stint in Mumbai real estate included a 17-acre land deal with Lodha Developers for ₹2,700 crore in 2012 and a short-lived JV with Akruti City. However, the company had stayed away from India's most expensive housing market until now. With The Westpark, DLF is betting big again, and the project’s full sellout in record time reflects both brand equity and a surge in demand from affluent buyers for high-end homes in strategic locations.

DLF reported a record sales booking of ₹21,223 crore in FY25, up 44% from the previous year. Net profit for the fiscal surged to ₹4,366.82 crore, with revenues touching ₹8,995.89 crore. The developer has more than 280 million square feet of development potential across residential and commercial projects, and an annuity portfolio exceeding 45 million sq ft.

Key points to note:

Pricing and Configuration: - Per Sq Ft Rate: ₹42,000 to ₹47,000 per sq ft - Apartment Price Range: ₹4 crore to ₹7.5 crore - Penthouse Price: ~₹35 crore (as reported by Mint) - Built-Up Area: High-end luxury flats across four 37-storey towers

Development & Investment: - Phase 1 Construction Cost: Approx. ₹900 crore - Entire Project Launch: Part of DLF’s strategic re-entry into Mumbai after over a decade - Project Type: Luxury residential gated development - Expected Timeline: Underway; development work to follow full sellout of Phase 1

All Phase 1 units (416 flats across four 37-storey towers) sold out in under a week, driving DLF’s Mumbai debut success. Non-resident Indians made up around 20% of buyers, with penthouses priced at ₹35 crore each (approx ₹70,000/sq ft). The ₹900 crore development plan for the 5-acre Phase 1 is within a larger 10-acre SRA master plan. This project alone accounts for over 10% of DLF’s annual sales bookings target (₹20,000 to ₹22,000 crore for FY25).