DLF, India’s largest real estate developer, has made a major comeback in Mumbai's real estate market with the launch of its premium residential project, Westpark, located in Andheri (West).
This marks DLF’s re-entry into the city after more than a decade, following its exit in 2012 when it sold a 17-acre land parcel to Lodha Developers for Rs. 2,700 crore. In collaboration with NCR-based Trident Group, DLF will invest approximately Rs. 900 crore into this 5.18-acre luxury development.
Key Highlights
The project comprises 416 high-end apartments, with units priced between Rs. 4 crore and Rs. 7.5 crore and price points ranging between Rs. 42,000 to Rs. 47,000 per sq. ft. The total sales realization is projected to reach Rs. 2,300 crore.
DLF’s Joint Managing Director, Aakash Ohri, stated that the company plans to initially sell around 200 units, but may release all 416 apartments depending on market demand. The project is being developed under the Slum Rehabilitation Authority (SRA) framework and is expected to attract affluent buyers due to its prime location and brand legacy.
DLF holds a 51 percent stake in the special purpose vehicle (SPV) managing the development, while Trident Group retains the remaining 49 percent stake. The partnership leverages both DLF’s luxury brand strength and Trident’s regional execution capabilities.
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This strategic re-entry into India’s most premium urban market positions DLF to capitalize on the ongoing demand for branded luxury housing in Mumbai, especially in established micro-markets like Andheri West. With a history of successful developments across India, DLF’s Westpark is poised to be a landmark residential offering in the city.
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