DLF's First Mumbai Project Sees Strong Demand, Records Over Rs 2,300 Crore in Sales
DLF's entry into Mumbai's residential real estate market with its Westpark project has been met with overwhelming demand, recording over Rs 2,300 crore in sales within a short period. This marks a significant strategic milestone for the company.
DlfMumbaiReal EstateWestparkResidential ProjectReal Estate MumbaiJul 25, 2025
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.
Frequently Asked Questions
What is the location of DLF's Westpark project?
The Westpark project by DLF is located off Link Road in Andheri West, Mumbai.
How many units were sold in Phase 1 of the Westpark project?
All 416 units in Phase 1 of the Westpark project were sold out in less than a week.
What is the total area of the Westpark project?
The Westpark project spans about 5.18 acres and is part of a larger 10-acre master plan.
Who is Aakash Ohri and what is his role in DLF?
Aakash Ohri is the Joint Managing Director and Chief Business Officer of DLF Home Developers.
What was DLF's consolidated net profit for the quarter ended March 2025?
DLF reported a 37% year-on-year rise in consolidated net profit to Rs 1,268 crore for the quarter ended March 2025.
Related News Articles
Elevating Civil Aviation: Mohol's Pioneering Role in Pune
Discover how Mohol is driving growth in Pune's civil aviation sector, with insights from Hemant Rasne, former Mayor and BJP leader.
Budget 2024: A Boost to Sustainable Growth in Real Estate
The Union Budget 2024 focuses on MSMEs, employment, skilling, youth, and middle-class, with indirect benefits to the real estate sector through job creation, infrastructure, and urban redevelopment.
Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024
Dubai’s real estate market achieved a significant milestone in Q3 2024, with total sales reaching AED 141.9 billion, marking a new all-time high for a single quarter. This achievement surpassed the previous record of AED 124.07 billion set in Q2 2024, ref
Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund
The investment will serve as growth capital, helping Elan Group cement its position in the thriving real estate market of Gurugram. This strategic move is expected to accelerate the company's expansion and development projects in the region.
Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices
The report suggests that the price appreciation in Delhi-NCR is attributed to rising demand for high-end properties. Read more to know the details.
Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune
Radisson Hotel Group has expanded its footprint in Maharashtra with the opening of Radisson Resort Khopoli, offering a premium retreat for travelers near Mumbai and Pune.