DLF's The Westpark Project Sells Out for ₹2,300 Crore in Mumbai
DLF Home Developers Ltd has successfully sold out all 416 units in The Westpark project in Mumbai's Andheri (west) locality for over ₹2,300 crore, marking a strong return to the real estate market in India's financial capital.
MumbaiReal EstateDlfProperty SalesLuxury ApartmentsReal Estate MumbaiJul 25, 2025
DLF Home Developers Ltd, a subsidiary of DLF Ltd, India's most valued real estate company, said it sold all 416 units, including apartments and penthouses, in the first phase of The Westpark project in suburban Mumbai's Andheri (west) locality. The sale kicked off last week.
Although DLF launched the project with two 37-storey towers initially, high demand prompted it to add two more towers. DLF is developing the project with New Delhi-based Trident Realty.
The developer sold the entire inventory within a week at an average price of ₹42,500 per square foot. Non-resident Indians accounted for about 20% of the sales. Three of the five penthouses were sold for ₹35 crore each, at about ₹70,000 per sq. ft.
“Mumbai projects usually sell at a staggered pace. We are overwhelmed by the demand for our project and the sales,” Aakash Ohri, joint managing director and chief business officer of DLF Home Developers, told Mint in an interview. “The Mumbai launch was important for DLF, and this gives us confidence to do more in the city.”
The Westpark project marks DLF's return to Mumbai after exiting the property market there many years ago due to a sector slowdown.
“Mumbai is a key part of our national growth strategy. In Mumbai, customers liked the product offering including the amenities, followed by the brand value. Given the way we have entered the Mumbai market, we are here to stay,” Ohri added.
The Mumbai project follows similar swift sales in Gurugram – DLF Privana West and Privana South, which collectively raked in ₹12,800 crore last year, and its super-luxury project The Dahlias, which clocked about ₹13,744 crore of sales bookings in FY25.
Goa next
The next big project from the DLF stable will be in Goa, in the current July-September quarter. The second phase of The Dahlias in Gurugram will be launched in the January-March quarter, Ohri said.
DLF was the second highest-selling developer in FY25, after Godrej Properties Ltd. The company reported record sales bookings of ₹21,223 crore in FY25, up 44% from ₹14,778 crore the previous year. It has projected sales of ₹20,000-22,000 crore in FY26, banking on a pipeline that includes the next phase of The Dahlias, and the Mumbai and Goa launches.
DLF has already achieved about half of its targeted sales for FY26 in the June-ended quarter. The company clocked ₹11,000 crore from bookings in Privana North, having sold the entire project inventory within a week of launch, it said in June.
Mumbai recorded 75,672 property registrations in the six months ended 30 June, up 4% from 72,491 in the corresponding period last year, Anarock Property Consultants said, citing data from the Inspector General of Registration.
Frequently Asked Questions
What is The Westpark project?
The Westpark project is a residential development by DLF in Mumbai's Andheri (west) locality. It consists of 416 units, including apartments and penthouses, and was sold out for over ₹2,300 crore.
How much did the penthouses in The Westpark project sell for?
Three of the five penthouses in The Westpark project were sold for ₹35 crore each, at about ₹70,000 per sq. ft.
Why is DLF returning to the Mumbai market?
DLF is returning to the Mumbai market after a sector slowdown to capitalize on the strong demand and high sales potential in India's financial capital.
What are DLF's future projects?
DLF's next big project will be in Goa, launching in the current July-September quarter. The second phase of The Dahlias in Gurugram will be launched in the January-March quarter.
How much did DLF's sales bookings increase in FY25?
DLF reported record sales bookings of ₹21,223 crore in FY25, which is a 44% increase from ₹14,778 crore the previous year.
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.