DLF's First Mumbai Project Sees Strong Demand, Records Over Rs 2,300 Crore in Sales
DLF, one of India's leading real estate developers, has made a strong entry into Mumbai's residential market with its Westpark project, located off Link Road in Andheri West. The project has recorded over Rs 2,300 crore in sales in its initial launch period, marking a significant achievement for the company.
This swift sellout highlights DLF's strategic expansion into key regions across western India. The Westpark project spans about 5.18 acres and is part of a larger 10-acre master plan. The project will feature eight towers. In Phase 1, DLF has launched four 37-storey towers, offering a total of 416 homes. These include a mix of 3 and 4 BHK apartments with carpet areas ranging from approximately 1,125 to 2,500 square feet, along with a limited number of exclusive penthouses.
Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers, commented on the project's success: “Our entry into Mumbai marks a key strategic milestone for DLF. In partnership with Trident Realty, we launched a premium residential project that embodies DLF’s core values of quality, community living, and design excellence.”
Ohri further noted that the company was humbled by the overwhelming response, with all units in Phase 1 selling out in less than a week. This is an uncommon achievement in a market typically marked by gradual absorption. Initially, only two towers were launched, but the exceptional demand led them to release all four, resulting in the complete sellout of 416 units.
DLF is primarily engaged in the development and sale of residential properties and the development and leasing of commercial and retail properties. The company has developed more than 185 real estate projects and has developed an area of more than 352 million square feet (approx.).
The real estate giant reported a 37% year-on-year rise in consolidated net profit to Rs 1,268 crore for the quarter ended March 2025. Revenue from operations also surged 46% to Rs 3,128 crore compared to Q4 FY24. The stock price of DLF rose 0.41% to currently trade at Rs 832.35 on the BSE.
