DLF-Trident Realty's The Westpark: A Rapid Success in Mumbai's Luxury Real Estate Market
DLF Ltd, in partnership with Trident Realty, has achieved a remarkable feat by selling out all 416 luxury units of The Westpark project in Andheri West, Mumbai, within a week. This success marks a significant strategic re-entry for DLF into the Mumbai property market.
Real EstateDlfTrident RealtyLuxury PropertyMumbaiReal Estate MumbaiJul 25, 2025
The project is being developed by DLF Home Developers Ltd, a wholly-owned arm of DLF Ltd, in partnership with Trident Realty, under a 51:49 joint venture structure. DLF had previously exited the Mumbai market in 2012 but re-entered it in July 2023 through this strategic collaboration.
Strategic Re-entry into Mumbai
DLF's Joint Managing Director and Chief Business Officer, Aakash Ohri, said in the filing that the company's re-entry into Mumbai was a “significant strategic milestone.” He stated that the development was designed to align with the aspirations of Mumbai’s high-end consumers, reflecting the group’s national expansion strategy.
The five-acre project is part of a Slum Rehabilitation Authority (SRA) redevelopment, with an estimated project investment of Rs 900 crore. The launch price ranged from Rs 42,000 to Rs 47,000 per sq ft, and each flat was targeted at the premium homebuyer segment.
A Turnaround from Past Setbacks
This successful launch marks a turnaround for DLF in Mumbai, a market it had previously struggled to crack. After acquiring land in Mumbai over two decades ago and forming unsuccessful partnerships — including a 17-acre land sale to Lodha Developers for Rs 2,700 crore in 2012 — the firm had largely stayed out of the city’s development scene until its re-entry last year.
Broader Sales Momentum and Financials
This development comes on the back of DLF’s impressive national performance in FY25. The company posted record sales bookings of Rs 21,223 crore, up 44 per cent year-on-year, with guidance for the current fiscal maintained at Rs 20,000–Rs 22,000 crore.
In June 2025, DLF launched and sold out the ‘DLF Privana North’ project in Gurugram, comprising 1,164 units valued at approximately Rs 11,000 crore. The company will invest Rs 5,500 crore to develop that project over 17.7 acres.
Combined, the Mumbai and Gurugram launches have already helped DLF achieve over 50 per cent of its annual sales guidance within the first quarter of FY26.
DLF’s consolidated net profit surged to Rs 4,366.82 crore in FY25, up from Rs 2,723.53 crore in the previous year, while total income rose to Rs 8,995.89 crore, a notable increase from Rs 6,958.34 crore in FY24.
DLF's Nationwide Portfolio
Since inception, DLF has delivered over 185 real estate projects, with development covering more than 352 million sq ft. Its future pipeline spans 280 million sq ft, including current and upcoming residential and commercial developments.
The group also owns an annuity portfolio of over 45 million sq ft, a core component of its commercial and retail leasing business.
DLF’s successful debut of The Westpark in Mumbai not only reaffirms its dominance in India’s premium housing market but also signals renewed confidence in high-value residential real estate. With over Rs 13,000 crore in sales already locked in from just two launches in FY26, DLF is well-positioned to maintain momentum through the remainder of the financial year.
Frequently Asked Questions
What is The Westpark project?
The Westpark is a luxury residential project in Andheri West, Mumbai, developed by DLF Home Developers Ltd in partnership with Trident Realty under a 51:49 joint venture structure.
How many units were sold in The Westpark project?
All 416 luxury units of The Westpark project were sold out within less than seven days of the launch.
What is the price range of the apartments in The Westpark?
The apartments in The Westpark are priced between Rs 4 crore and Rs 7.5 crore.
Why is DLF's re-entry into Mumbai significant?
DLF's re-entry into Mumbai is significant because it marks a strategic milestone and aligns with the company's national expansion strategy, designed to meet the aspirations of high-end consumers in Mumbai.
What other major project did DLF launch in 2025?
In June 2025, DLF launched and sold out the ‘DLF Privana North’ project in Gurugram, comprising 1,164 units valued at approximately Rs 11,000 crore.
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