DLF-Trident Realty Sells 416 Luxury Flats in Mumbai for Rs 2,300 Crore
DLF and Trident Realty have successfully sold all 416 units of their luxury residential project, 'The Westpark' in Mumbai, within a week of launch. This marks a significant milestone in DLF's expansion strategy.
DlfTrident RealtyLuxury Real EstateMumbaiThe WestparkReal Estate MumbaiJul 26, 2025
In a regulatory filing, DLF announced that the entire first phase of 'The Westpark' was sold out in less than a week. The project is being developed by DLF Home Developers Ltd at Andheri West, a prime location in Mumbai. Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd, emphasized the strategic importance of this project. “Our entry into Mumbai represents a significant strategic milestone for DLF. Mumbai has always been a key component of our national growth strategy, and with the launch of The Westpark, we are proud to offer a development that resonates with the aspirations of the city’s discerning residents,” he stated.
The Westpark project is spread over 5 acres and is being developed with an investment of around Rs 900 crore. The first phase of the project was launched with a price range of Rs 42,000 to Rs 47,000 per square foot. The flats, priced between Rs 4 crore to Rs 7.5 crore, attracted a wide range of buyers, including high-net-worth individuals and discerning residents looking for luxury living in a prime location.
DLF's re-entry into the Mumbai market, in partnership with the NCR-based builder Trident Group, was announced in July 2023. The company holds a 51% stake in the special purpose vehicle (SPV) that is developing the project. This strategic move underscores DLF's commitment to expanding its footprint in key metropolitan areas and catering to the growing demand for premium real estate.
The successful sale of The Westpark units not only highlights the robust demand for luxury housing in Mumbai but also reinforces DLF's position as a leading player in the Indian real estate market. The project is expected to set new benchmarks in luxury living and further solidify DLF's brand reputation in the region.
Frequently Asked Questions
What is the total value of the flats sold by DLF and Trident Realty in The Westpark project?
The total value of the 416 flats sold in The Westpark project is Rs 2,300 crore.
Where is The Westpark project located?
The Westpark project is located at Andheri West in Mumbai.
How much did DLF and Trident Realty invest in the development of The Westpark project?
DLF and Trident Realty will invest around Rs 900 crore to develop The Westpark project.
What is the price range per square foot for the flats in The Westpark project?
The price range for the flats in The Westpark project is Rs 42,000 to Rs 47,000 per square foot.
What is DLF's stake in the special purpose vehicle (SPV) developing The Westpark project?
DLF holds a 51% stake in the special purpose vehicle (SPV) that is developing The Westpark project.
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.